Shree Cement Appoints Shailesh Ambastha as Chief Logistics Officer

1 min read     Updated on 08 Dec 2025, 06:59 PM
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Radhika SScanX News Team
Overview

Shree Cement has appointed Mr. Shailesh Ambastha as its new Chief Logistics Officer, effective December 8, 2025. Mr. Ambastha, previously the President-Sales at Shree Cement, will continue his full-time employment with the company in this new role. He is now designated as a Senior Management Person of the company.

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*this image is generated using AI for illustrative purposes only.

Shree Cement , a leading Indian cement manufacturer, has announced a significant change in its senior management team. The company has appointed Mr. Shailesh Ambastha as its new Chief Logistics Officer, effective December 8, 2025. This appointment marks a strategic move in the company's organizational structure.

Key Points of the Appointment

  • New Role: Mr. Shailesh Ambastha has been appointed as Chief Logistics Officer.
  • Designation: He is now designated as a Senior Management Person of the company.
  • Effective Date: The appointment is effective from December 8, 2025.
  • Previous Position: Mr. Ambastha previously held the position of President-Sales at Shree Cement.
  • Employment Status: He will continue his full-time employment with the company in this new role.

Implications for Shree Cement

This appointment may signify Shree Cement's focus on optimizing its logistics operations, which is crucial in the cement industry where transportation and supply chain efficiency play a significant role in overall performance. Mr. Ambastha's transition from a sales leadership role to logistics management suggests a strategic alignment of sales and supply chain functions, potentially aiming to enhance operational efficiency and customer service.

About Shree Cement

Shree Cement is one of India's largest cement manufacturers, known for its strong market presence and financial performance. The company has shown consistent growth over the years, as reflected in its financial data:

Financial Metric Current Year (2025-03) 1 Year Ago (2024-03) 3 Years Ago (2023-03) 5 Years Ago (2021-03)
Total Assets 27,755.90 27,419.10 25,818.70 21,038.80
Total Equity 21,211.40 20,384.50 18,288.40 15,250.10
Current Assets 10,700.60 11,231.30 8,136.10 7,199.50
Fixed Assets 6,898.00 7,098.70 5,332.70 4,191.50

This data indicates a steady growth in the company's asset base and equity over the past five years, positioning Shree Cement as a robust player in the Indian cement industry.

The appointment of Mr. Ambastha as Chief Logistics Officer aligns with the company's apparent strategy of strengthening its operational capabilities, which could potentially contribute to its continued growth and market performance.

Historical Stock Returns for Shree Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+0.81%-2.99%-11.47%-3.47%+10.80%
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Shree Cement Appoints Navin Malhotra as New President-Sales

1 min read     Updated on 08 Dec 2025, 05:28 PM
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Reviewed by
Ashish TScanX News Team
Overview

Shree Cement has announced a key management change. Navin Malhotra will replace Shailesh Ambastha as President-Sales, effective December 8, 2025. Malhotra, previously Chief Sales Marketing Officer at Adani Cement, brings extensive experience in the cement industry. He holds an MBA in Finance and MIBM in Sales, Marketing, and International Business. Ambastha will transition to a new role within the organization. This change is part of Shree Cement's efforts to strengthen its management team and enhance sales performance.

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*this image is generated using AI for illustrative purposes only.

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

Position Incoming Outgoing Effective Date
President-Sales Navin Malhotra Shailesh Ambastha December 8, 2025

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.

Historical Stock Returns for Shree Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+0.81%-2.99%-11.47%-3.47%+10.80%
Shree Cement
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