Ramco Cements board approves senior management personnel list

Ramco Cements has approved the list of its senior management personnel, as disclosed in a regulatory filing on June 20, 2026. The Board of Directors approved the list during a meeting held on May 22, 2026. This disclosure is in compliance with Clause 7 of Annexure 18 of Master Circular No: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023, issued by SEBI, read with Para A, Part A of Schedule III of SEBI-LODR.

The filing confirms that all listed officials are existing employees of the company who were appointed on various dates previously. The list includes key leadership roles such as the Chief Executive Officer, Executive Directors, and Presidents overseeing critical functions like Operations, Marketing, Finance, and ESG.

Senior Management Personnel

The approved list comprises 16 senior management personnel:

No	Name	Designation
1	Shri A.V. Dharmakrishnan	Chief Executive Officer
2	Shri M. Srinivasan	Executive Director – Operations
3	Shri Balaji K Moorthy	Executive Director – Marketing
4	Shri Joseph Pulikottil	Executive President – Marketing
5	Shri R. Ramakrishnan	Executive President – Marketing
6	Shri S. Vaithiyathan	Chief Financial Officer
7	Shri K. Selvanayagam	Secretary
8	Shri Rajiv Kumar	Sr. President – Marketing
9	Shri Ashish Kumar Srivastava	Sr. President – Manufacturing
10	Shri S. Ramaraj	Sr. President – Administration
11	Shri V. Santhana Krishnan	President – Projects
12	Shri Renjit Jacob Mathews	President – Marketing
13	Shri S.V.R.K. Murthy Rao	President – Works
14	Shri Madhusudan Kulkarni	President – Manufacturing
15	Shri R. Meenashi Sundaram	President – Manufacturing
16	Shri C. Ravichandran	President – ESG

Disclosure Details

The filing provided necessary information regarding the senior management personnel. It clarified that the reason for the disclosure is that all officials are existing employees of the company. Consequently, specific dates of appointment or cessation were not detailed as they were appointed previously. The brief profile section noted that these officials have served the company in various positions. Regarding relationships between directors, the disclosure was marked as Not Applicable.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.12%	+0.65%	-2.24%	-15.61%	-12.86%	-13.77%

Ramco Cements has secured a partial victory in its litigation regarding the disallowance of CENVAT credit on outward freight. The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) remanded the matter to the Original Authority, which subsequently allowed Rs.2.13 crores in the company's favour. This development reduces the immediate financial liability associated with the specific dispute involving Rs.2.33 crores.

The Original Authority passed final orders following the remand, accepting the majority of the claim while raising a demand for the balance amount of Rs.0.20 crores. The company received the order via email on June 12, 2026, at 15:08 Hrs. Management stated that it intends to file an appeal before CESTAT regarding the disallowed sum of Rs.0.20 crores to further contest the liability.

Status of Pending Litigations

Beyond this specific case, Ramco Cements faces ongoing disputes of a similar nature with various statutory authorities. The aggregate value of these pending matters, which were previously disclosed on August 14, 2023, stands at Rs.2.58 crores as of the current date.

Financial Impact of Disputes

Dispute Category	Amount (₹)	Status
Disputed CENVAT Credit (Original)	2.33 crores	Remanded by CESTAT (Order dated Jan 16, 2026)
Amount Allowed	2.13 crores	Order in favour of company
Balance Disallowed	0.20 crores	Demand raised; appeal to be filed
Total Pending Similar Disputes	2.58 crores	Pending with statutory authorities