RCC Cements approves FY26 annual report, re-appoints MD Sachin Garg
- RCC Cements approved draft annual report for FY26 on August 31, 2026
- Sachin Garg re-appointed as Managing Director for five years from July 2027
- Madhu Sharma re-appointed as Non-Executive Non-Independent Director
- 35th AGM scheduled for September 30, 2026, in New Delhi
*this image is generated using AI for illustrative purposes only.
RCC Cements Limited approved its draft annual report for FY26 and recommended the re-appointment of Managing Director Sachin Garg for a second five-year term.
The Board of Directors held its meeting on August 31, 2026, at the company's registered office in New Delhi. The session concluded with the approval of corporate governance disclosures and the scheduling of the upcoming Annual General Meeting.
Director Re-appointments
The Board approved the re-appointment of Mr. Sachin Garg as Managing Director for a term of five years, effective from July 8, 2027, to July 7, 2032. This follows his initial appointment in September 2022. The move is subject to shareholder approval at the ensuing AGM.
Additionally, the Board approved the re-appointment of Mrs. Madhu Sharma as a Non-Executive Non-Independent Director liable to retire by rotation. Her re-appointment is also contingent on member approval.
| Director | Role | Term Details |
|---|---|---|
| Sachin Garg | Managing Director | July 8, 2027 to July 7, 2032 |
| Madhu Sharma | Non-Exec Non-Ind Dir | Subject to AGM approval |
Annual General Meeting Schedule
The company will hold its 35th Annual General Meeting on Wednesday, September 30, 2026, at 11:00 am at its registered office in New Delhi. The cut-off date for determining voting eligibility is Thursday, September 24, 2026.
National Securities Depository Limited (NSDL) has been authorized to facilitate e-voting for members. The Board appointed Mr. Kundan Agrawal of M/s. Kundan Agrawal & Associates as the scrutinizer for the meeting.
How might the re-appointment of Sachin Garg influence RCC Cements' strategic expansion plans and market share growth over the next five years?
What specific operational or financial targets has management outlined to justify the continuity of leadership during the FY26-to-FY32 period?
How is the cement sector's regulatory environment expected to evolve by 2032, and how prepared is RCC Cements for potential compliance shifts?
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