Shree Cement , a leading Indian cement manufacturer, has announced a significant change in its senior management team. Effective December 8, 2025, Navin Malhotra will take over as the company's new President-Sales, replacing Shailesh Ambastha, who is transitioning to a new role within the organization.

Key Management Changes

Navin Malhotra's Profile

Navin Malhotra brings a wealth of experience to his new role at Shree Cement:

• Educational Background: MBA in Finance and MIBM in Sales, Marketing, and International Business
• Career Start: Began his professional journey in 1996
• Industry Expertise: Significant experience in the cement industry
• Previous Role: Chief Sales Marketing Officer at Adani Cement
• Key Responsibilities: Led large teams and enhanced market performance

Transition Details

• Shailesh Ambastha, the outgoing President-Sales, will be assuming a new role within Shree Cement.
• The change is part of the company's ongoing efforts to strengthen its management team and drive sales performance.

This appointment comes as Shree Cement continues to position itself in the competitive Indian cement market. Malhotra's extensive experience in the cement industry, particularly in sales and marketing roles, is expected to contribute to the company's growth strategies and market presence.

The company has not disclosed specific details about Ambastha's new role or the strategic implications of this management change. However, such transitions are often aimed at leveraging diverse experiences within the organization to foster innovation and drive business growth.

Shree Cement Limited , a major player in the Indian cement industry, has announced a significant expansion of its manufacturing capabilities. The company has successfully launched a new cement mill with a capacity of 3.0 million tonnes per annum (MTPA), marking a substantial increase in its production capacity.

Expansion Details

The newly commissioned cement mill is part of Shree Cement's integrated cement plant located in Tehsil Jaitaran, District Beawar, Rajasthan. This development follows the earlier commissioning of a clinkerisation unit at the same location, which was announced on September 30, 2025. The clinkerisation unit has a capacity of 3.65 MTPA.

Key Highlights

Strategic Importance

The commissioning of this new cement mill represents the final phase in establishing the integrated cement plant. With both the clinkerisation unit and the cement mill now operational, Shree Cement has significantly enhanced its production capabilities in the region.

This expansion aligns with the company's strategy to strengthen its market position and meet the growing demand for cement in India. The increased capacity is expected to contribute to Shree Cement's ability to serve its customers more effectively and potentially capture a larger market share.

Company's Disclosure

In compliance with regulatory requirements, Shree Cement Limited has made this announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed.

This development underscores Shree Cement's commitment to growth and its confidence in the future demand for cement in the Indian market.