NCC Limited Appoints Sumit Banerjee as Independent Director for Five-Year Term
NCC Limited has appointed Sumit Banerjee as Additional Non-Executive Independent Director for a five-year term from January 1, 2026, to December 31, 2030, subject to shareholder approval. Banerjee brings over four decades of experience in management and leadership roles across major Indian corporations. He holds a B.Tech from IIT Kharagpur and has completed management programs at Harvard Business School and IIM Ahmedabad. Banerjee has worked with ACC Limited, Reliance, Hindalco, and Larsen & Toubro. The appointment was approved in a Board meeting on December 17, 2025, following recommendations from the Nomination and Remuneration Committee.
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NCC Limited has announced the appointment of Sumit Banerjee as Additional Non-Executive Independent Director, marking a significant addition to its Board leadership. The appointment was approved during a Board meeting held on December 17, 2025, following recommendations from the company's Nomination and Remuneration Committee.
Appointment Details
The Board has appointed Banerjee for a five-year term effective January 1, 2026, through December 31, 2030. The appointment is subject to shareholder approval, for which the Board has approved a Notice of Postal Ballot.
| Parameter | Details |
|---|---|
| Director Name | Sumit Banerjee |
| DIN | 00213826 |
| Position | Additional Non-Executive Independent Director |
| Term Duration | 5 years |
| Effective Date | January 1, 2026 |
| End Date | December 31, 2030 |
| Retirement Status | Not liable to retire by rotation |
Professional Background
Banerjee brings extensive experience to NCC's Board, with over four decades in management and leadership roles across major Indian corporations. He holds a Bachelor's degree in Technology (Mechanical Engineering) from the Indian Institute of Technology, Kharagpur.
His educational credentials include:
- Leading Change and Organizational Renewal programme from Harvard Business School
- Management education programme from Indian Institute of Management, Ahmedabad
Corporate Experience
Banerjee has served in management positions at several renowned corporations, demonstrating his expertise across diverse industrial sectors:
- ACC Limited - Management role
- Reliance - Leadership position
- Hindalco - Management capacity
- Larsen & Toubro - Senior management role
His professional achievements include receiving the Corporate Citizen of the Year award at the CNBC-TV18 Indian Business Leader Awards in 2009, recognizing his contributions to corporate leadership and social responsibility.
Regulatory Compliance
NCC confirmed that Banerjee has not been debarred from holding the office of Director by any order issued by SEBI or any other regulatory authority, ensuring compliance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 dated June 20, 2018.
Board Meeting Details
The Board meeting that approved the appointment commenced at 11:15 AM and concluded at 11:30 AM on December 17, 2025. The company has filed the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with both NSE and BSE.
The appointment strengthens NCC's Board composition with Banerjee's extensive industrial experience and educational background, pending final approval from shareholders through the postal ballot process.
Historical Stock Returns for NCC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.85% | -2.96% | -13.79% | -28.92% | -47.98% | +206.89% |
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