Ambuja Cements Limited has received an Environmental, Social, and Governance (ESG) rating of 65 for Financial Year 2025 from NSE Sustainability Ratings and Analytics Limited. The rating places the company in the 'Aspiring' category, highlighting its continued focus on sustainable business practices.

ESG Rating Details

The ESG assessment reflects Ambuja Cements' performance across key sustainability parameters. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This regulatory framework ensures transparency in ESG reporting for listed companies.

Company's ESG Commitment

According to the company's announcement, this rating demonstrates Ambuja Cements' continued commitment to enhancing its ESG performance. The rating encompasses the company's efforts across environmental sustainability, social responsibility, and governance practices.

The company has also uploaded this information on its official website at www.ambujacement.com , ensuring broader stakeholder access to its ESG performance data. This transparency initiative aligns with the company's commitment to maintaining high standards of corporate disclosure and stakeholder communication.

Ambuja Cements , a prominent player in the Indian cement industry, has announced a significant change in its top management. The company disclosed that Rakesh Tiwary, the current Chief Financial Officer (CFO), will be stepping down from his position effective November 21, 2025. This move is part of an ongoing leadership development process across the Adani Group, of which Ambuja Cements is a part.

Leadership Transition Details

Rakesh Tiwary will be transitioning to a new role within the Adani portfolio of companies, leveraging his experience and expertise in a different capacity within the group. The exact nature of his new role has not been disclosed in the announcement.

New CFO Profile

Rohit Soni, who will assume the role of CFO at Ambuja Cements, brings a wealth of experience to the position. Prior to this appointment, Soni served as the Chief Financial Officer of Adani New Industries Limited (ANIL). His professional background includes:

• Chartered Accountant and alumnus of Harvard Business School's General Management Program
• CFO at Adani New Industries Limited (ANIL) since March 2024
• Led financial strategy for green hydrogen and renewable energy initiatives
• Previously held the position of CFO at Adani Energy Solutions Limited (AESL) from September 2021 to March 2024
• Extensive experience in raising equity funds and managing finances for large-scale infrastructure projects
• Held leadership positions with the Vedanta Group, including roles as Chief Procurement Officer and CFO for various Vedanta companies
• Recognized with the ET Great Manager (Senior Leader) award by Economic Times and TAPMI in November 2019

Implications and Outlook

This change in financial leadership comes at a time when the cement industry is facing various challenges and opportunities. Rohit Soni's extensive experience in financial strategy, particularly in the renewable energy sector, could potentially bring new perspectives to Ambuja Cements' financial management and strategic planning.

The smooth transition in the CFO role, with a clear succession plan, demonstrates Ambuja Cements' commitment to maintaining strong financial leadership. It also reflects the Adani Group's focus on leadership development and internal talent mobility across its portfolio companies.

Investors and industry observers will likely be watching closely to see how this change in financial leadership might influence Ambuja Cements' strategic direction and financial performance in the coming years.

Corporate Governance Update

In line with regulatory requirements, Ambuja Cements has also updated its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events or information and make disclosures to stock exchanges:

This update ensures compliance with Regulation 30(5) of the SEBI Listing Regulations and maintains transparency in the company's communication with stakeholders.

As Ambuja Cements navigates this transition, the market will be keen to observe how the new CFO's expertise will contribute to the company's financial strategies and overall performance in the competitive cement industry.