JSW Cement Independent Director Ms. Sutapa Banerjee Completes Second Consecutive Term
JSW Cement Limited announced that Ms. Sutapa Banerjee (DIN: 02844650) ceased to be an Independent Director on April 21, 2026, after completing her second consecutive term. She also ceased to be a member of Board committees where she served. The company expressed appreciation for her contributions and confirmed continued regulatory compliance.
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JSW Cement Limited has announced the completion of Ms. Sutapa Banerjee's tenure as an Independent Director, marking the end of her second consecutive term with the company. The cessation took effect from the close of business hours on April 21, 2026, as communicated to the stock exchanges under regulatory compliance requirements.
Director Cessation Details
The company filed the necessary intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ms. Banerjee, holding Director Identification Number (DIN) 02844650, served her maximum permissible consecutive term as an Independent Director.
| Parameter | Details |
|---|---|
| Director Name | Ms. Sutapa Banerjee |
| DIN | 02844650 |
| Cessation Date | April 21, 2026 |
| Reason | Completion of second consecutive term |
| Committee Membership | Ceased from all Board committees |
Regulatory Compliance
Following Ms. Banerjee's cessation, she automatically ceased to be a member of all Board committees where she previously served. The company has confirmed that despite this change, the composition of the Board of Directors continues to remain in full compliance with the requirements prescribed under the Companies Act, 2013 and the Listing Regulations.
Company Acknowledgment
JSW Cement Limited placed on record its deep appreciation for the valuable contribution made by Ms. Sutapa Banerjee during her tenure as an Independent Director. The company secretary and compliance officer, Sneha Bindra (ACS-29721), signed the regulatory filing dated April 22, 2026.
Disclosure Requirements
The company has fulfilled all necessary disclosure requirements pursuant to Regulation 30 of the Listing Regulations, including compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The disclosure has been made available on the company's website at www.jswcement.in as required under Regulation 30(8) of the Listing Regulations.
Historical Stock Returns for JSW Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.23% | +1.21% | +9.98% | -7.64% | -12.56% | -12.56% |
Who will JSW Cement appoint as the new Independent Director to replace Ms. Banerjee and what expertise will they bring to the board?
How might the transition in board composition impact JSW Cement's strategic decision-making and governance practices in the coming quarters?
Will JSW Cement need to restructure its board committees following Ms. Banerjee's departure, and could this affect operational oversight?
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