Shree Digvijay Cement Company Limited has appointed Mr. Amit Arora as its Chief Executive Officer and Managing Director for a period of five years effective from August 24, 2026, subject to shareholder approval. The decision was taken by the Board of Directors at its meeting held on May 29, 2026, based on the recommendation of the Nomination and Remuneration Committee. This appointment fills the vacancy caused by the resignation of Mr. R. Krishnakumar.

Mr. Amit Arora, aged 43 years, brings over two decades of experience in the cement industry to the role. He is currently serving as Plant Head at Vicat Group's Kalaburgi Cement and has previously held strategic leadership positions, including Plant Head with ACC Limited. His expertise spans plant operations, P&L management, supply chain optimization, and digital transformation. Mr. Arora holds a B.Tech in mechanical engineering and an MBA from the Indian Institute of Management (IIM) Indore.

The Board has designated Mr. Arora as Key Managerial Personnel under Section 203 of the Companies Act, 2013. The company disclosed that he is not related to any of the existing Directors or Key Managerial Personnel. Furthermore, Mr. Arora is not debarred from holding the office of Director by any SEBI order or other authority.

The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting, which commenced at 12:00 Noon and concluded at 12:20 P.M., also reviewed the necessary disclosures required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Appointment Details

The following table summarises the key details of Mr. Arora's appointment:

Shree Digvijay Cement Company Limited announced its audited standalone and consolidated financial results for FY26 at a Board meeting held on 29 April 2026. The company reported improved operational performance with revenue growth and recommended a dividend for shareholders.

Financial Performance Overview

For FY26, the company achieved total income from operations of ₹75,315.50 lacs on a consolidated basis compared to ₹73,503.60 lacs in FY25. Standalone total income from operations stood at ₹75,315.39 lacs for FY26 against ₹73,499.13 lacs in the previous year. Profit after tax for FY26 was ₹2,497.36 lacs (consolidated) and ₹2,499.64 lacs (standalone).

Quarterly Performance Highlights

The fourth quarter demonstrated significant sequential improvement. Total income from operations for Q4 FY26 reached ₹20,867.90 lacs, up from ₹18,472.11 lacs in Q3 FY26. The company reported profit after tax of ₹794.28 lacs (consolidated) for Q4 FY26, compared to a loss of ₹698.01 lacs in the previous quarter. Basic EPS improved to ₹0.54 from (₹0.47) in Q3 FY26.

Strategic Partnership with Hi-Bond Cement

The company entered into a Brand Usage, Supply and Distributorship Agreement with Hi-Bond Cement (India) Private Limited. Under this agreement executed on 4 September 2026, the company paid a refundable security deposit of ₹400 crores. During the period, the company sold 29,928 MT of cement manufactured at the Hi-Bond plant, generating revenue of ₹1,536 lacs and EBITDA of ₹200 lacs. The company commenced purchase and distribution of Hi-Bond cement effective 19 March 2026.

Dividend Declaration

The Board of Directors recommended a final dividend of ₹1.00 per equity share, representing 10% of the face value of ₹10 each, for FY26. The dividend is subject to approval by shareholders at the Annual General Meeting. The total dividend payout will aggregate to ₹1,478.69 lakhs on 14,78,69,278 fully paid equity shares.

Financial Position

As of 31 March 2026, the company's total assets on a consolidated basis stood at ₹1,05,848.62 lacs compared to ₹69,493.83 lacs in the previous year. Total equity increased to ₹36,576.18 lacs from ₹36,397.74 lacs. The company's borrowings comprised non-current borrowings of ₹45,773.32 lacs and current borrowings of ₹5,553.69 lacs. Cash and cash equivalents at year-end were ₹371.12 lacs on a consolidated basis.

Source: None/Company/INE232A01011/de13e9cf-db70-49b9-936a-a02942bf2789.pdf