Sri Chakra Cement appoints Vijay Kumar Kapilavai as CFO
Sri Chakra Cement Limited appointed Sri Vijay Kumar Kapilavai as CFO on August 14, 2026. He replaces Srirama Vara Prasad Nendraganti, who resigned in May. Mr. Kapilavai brings over 30 years of experience in finance and operations.
*this image is generated using AI for illustrative purposes only.
Sri Chakra Cement Limited has appointed Sri Vijay Kumar Kapilavai as its Chief Financial Officer, effective August 14, 2026. The appointment fills the vacancy created by the resignation of Mr. Srirama Vara Prasad Nendraganti, who stepped down from the role on May 30, 2026.
The Board of Directors approved the appointment during its meeting held on August 14, 2026. The decision was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Appointment Details
Mr. Kapilavai joins as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). His appointment was recommended and approved by both the Nomination & Remuneration Committee and the Audit Committee.
| Particulars | Details |
|---|---|
| Name | Sri Vijay Kumar Kapilavai |
| Role | Chief Financial Officer |
| Effective Date | August 14, 2026 |
| Predecessor | Srirama Vara Prasad Nendraganti |
Profile and Relationships
Mr. Kapilavai is a Commerce Graduate with more than three decades of experience. His professional background spans various positions in production, finance, marketing, and control of company affairs.
The disclosure notes that Mr. Kapilavai is related to Sri K Sriram and Smt K V Naga Lalitha. The company issued the intimation to BSE Limited on August 15, 2026.
Historical Stock Returns for Sri Chakra Cement Limited
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.67% | -3.61% | -7.16% | -36.35% | -50.33% | +1,011.11% |
How might Mr. Kapilavai's diverse background in production and marketing influence Sri Chakra Cement's financial strategy beyond traditional cost control?
What potential impact could the familial relationship between the new CFO and other key stakeholders have on corporate governance perceptions among institutional investors?
Given the short tenure of his predecessor, what specific financial or operational challenges is the board expecting Mr. Kapilavai to address in his first year?
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