Andrew Yule & Co. Appoints Sharad Kumar as Director (Planning) for Five-Year Term
Andrew Yule & Company Limited has appointed Sharad Kumar as the new Director (Planning) for a five-year term, effective from the date of assuming charge. Kumar, previously General Manager at Cement Corporation of India Limited, was appointed by the Ministry of Heavy Industries. The appointment order was issued on October 31, 2025. The company also announced its 274th Board meeting on November 13, 2025, to consider Q2 and H1 FY2026 financial results.
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Andrew Yule & Company Limited, a Government of India enterprise, has announced a significant change in its leadership team. The company has appointed Sharad Kumar as the new Director (Planning) for a five-year term, as per a recent communication from the Ministry of Heavy Industries.
Key Details of the Appointment
| Aspect | Details |
|---|---|
| Appointee | Sharad Kumar |
| New Position | Director (Planning) |
| Previous Position | General Manager, Cement Corporation of India Limited |
| Appointing Authority | Ministry of Heavy Industries, Govt. of India |
| Appointment Order Date | October 31, 2025 |
| Term | 5 years |
| Effective From | Date of assumption of charge |
| Tenure End | Until further orders or end of 5-year term, whichever is earlier |
Conditions for Assuming Office
The appointment comes with certain procedural requirements. Sharad Kumar will officially assume his role as Director once he obtains his Director Identification Number (DIN), as mandated by the Companies Act, 2013. This step ensures compliance with regulatory standards for corporate governance.
Company Disclosure
Andrew Yule & Co. Ltd. disclosed this information to the Bombay Stock Exchange (BSE) on November 3, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made promptly upon the company's receipt of the official order from the Ministry of Heavy Industries.
Upcoming Board Meeting
In a separate announcement, the company has also notified its shareholders about an upcoming board meeting. The 274th Board meeting is scheduled for November 13, 2025, at 3:00 p.m., to be held via video conferencing. During this meeting, the Board will consider and record the Unaudited Financial Results for the quarter and six months ended September 30, 2025.
As per standard practice for such events, the company has closed the Trading Window for Designated Employees until November 15, 2025, to ensure fair trading practices.
These developments indicate active governance and transparency in Andrew Yule & Co. Ltd.'s operations, keeping shareholders informed about both leadership changes and financial reporting schedules.
Historical Stock Returns for Andrew Yule & Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.31% | 0.0% | -3.40% | -24.44% | -39.06% | +40.74% |
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