UltraTech Cement has approved the re-appointment of Vivek Agrawal as Whole-time Director and Chief Marketing Officer for a period of two years, effective from January 1, 2027. The decision, taken by the Board of Directors on July 20, 2026, is subject to the approval of the company's shareholders. Agrawal will continue to serve as Key Managerial Personnel under the provisions of the Companies Act, 2013.

The re-appointment follows the recommendation of the Nomination, Remuneration and Compensation Committee. Agrawal's tenure is set to run from January 1, 2027, to December 31, 2028. The company disclosed that there are no relationships between directors that require disclosure, and Agrawal is not debarred from holding the office of director by any order from the Securities and Exchange Board of India (SEBI) or other authorities.

Profile and Experience

Vivek Agrawal has served the company for over 30 years, having joined the Group in 1993 as a Zonal Manager in the Cement Marketing Division. Throughout his career, he has held several critical positions, including Zonal Head – Grey Cement South, Head of Marketing – Birla White, and Head of RMC Business. He took over as CEO of the acquired entity Star Cement in 2010 and became Chief Marketing Officer of the Cement Business in October 2013.

Agrawal was named an Aditya Birla Fellow in 2017 and received the Chairman's Outstanding Leader Award in 2019. Prior to joining the company, he worked with Tata Motors. He holds a B.E. (Hons.) from NIT Allahabad, an MBA from FMS Delhi, and has completed an Advanced Management Program from Wharton Business School.

Appointment Details

UltraTech Cement witnessed a significant block trade on the National Stock Exchange (NSE), with approximately 22,133 shares changing hands in a single transaction. The trade was executed at a price of Rs. 11770.00 per share, aggregating to a total deal value of Rs. 26.05 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Block trades of this scale are typically executed by institutional investors or large market participants, and are carried out outside the regular order book to minimise market impact. The transaction in UltraTech Cement shares underscores continued institutional activity in the stock.