Cemindia Projects Limited announced a key organizational development with the elevation of a senior executive to its top management team. The Board of Directors approved the promotion of Mr. Soumitra Ghosh from Vice President-Operations to Senior Management Personnel category, effective 02nd April, 2026.

Board Meeting Outcome and Regulatory Compliance

The decision was formalized during a Board of Directors meeting held on 27th March, 2026, which commenced at 11.18 a.m. and concluded at 12.01 p.m. The elevation was approved based on the recommendation of the Nomination and Remuneration Committee, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company formally communicated this development to both BSE Limited and National Stock Exchange of India Limited through official correspondence dated 27th March, 2026, ensuring full regulatory compliance as per SEBI Master Circular requirements.

Executive Profile and Experience

Mr. Soumitra Ghosh brings substantial expertise to his elevated role within the organization. He holds a Bachelor's Degree in Civil Engineering and has accumulated over 28 years of experience in execution of marine structures and project management across various reputed organizations in the infrastructure and engineering sector.

Strategic Impact and Performance Framework

The elevation is expected to enhance Mr. Ghosh's effectiveness in contributing to the company's growth and operational excellence. His performance as Vice President-Operations in the Senior Management Personnel category will be reviewed during annual appraisals conducted periodically as per the company's established policy framework.

This organizational development reflects Cemindia Projects Limited's commitment to recognizing and promoting internal talent while strengthening its senior management structure. The company, formerly known as ITD Cementation India Limited, continues to focus on operational excellence and strategic leadership development as part of its organizational growth initiatives.

Cemindia Projects Limited has announced the sad demise of Mr. Pankaj Inderchand Jain, Non-Executive Independent Director, who passed away on 12th March, 2026. The company informed both BSE and NSE about this development under Regulation 30 of the SEBI Listing Obligations and Disclosures Requirements Regulations, 2015.

Director's Tenure and Contributions

Mr. Pankaj Inderchand Jain served as a Non-Executive Independent Director on the company's board with dedication and commitment. His tenure details are outlined below:

During his tenure, the company benefitted immensely from his vision, guidance, and active participation in board and committee meetings. His contributions were instrumental in the company's governance and strategic decision-making processes.

Company's Response

The company has described Mr. Jain's unexpected demise as an irreparable loss. All directors and employees of Cemindia Projects Limited have expressed their deep sorrow and heartfelt condolences to his family during this difficult time.

Regulatory Compliance

The company has fulfilled its regulatory obligations by providing the required details under SEBI Listing Regulations, in accordance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The formal intimation was signed by Company Secretary Rahul Neogi and submitted to both stock exchanges.

Key Details Summary

The regulatory filing confirms the following essential information:

The company, formerly known as ITD Cementation India Limited, continues to operate from its registered and corporate office located at Prima Bay, Tower-B, Powai, Mumbai. This development marks a significant loss for the organization's leadership structure and governance framework.