Board approves Anurag Tiwari as Managing Director – Designate, effective 16 October 2026

Saurashtra Cement's Board, at its meeting on 12 October 2026, considered and approved the appointment of Mr. Anurag Tiwari as Managing Director – Designate, as a Senior Management Personnel, with effect from 16 October 2026.

Mon 12 Oct 2026

Appointment

Mr. Anurag Tiwari as Managing Director – Designate, as a Senior Management Personnel

Effective Date

16 October 2026

Board Meeting Date

12 October 2026

Board approval: a succession arrangement

Saurashtra Cement's Board of Directors, at its meeting held on 12 October 2026, considered and approved the appointment of Mr. Anurag Tiwari as Managing Director – Designate, as a Senior Management Personnel of the Company, with effect from 16 October 2026. The appointment was based on the recommendation of the Nomination and Remuneration Committee.

What the designation means

• The update states the designation "Managing Director – Designate as a Senior Management Personnel" is intended solely to denote the proposed transition and succession arrangement.
• It does not constitute or create a separate statutory office under the Companies Act, 2013.

Who is Mr. Anurag Tiwari:

• An IIT Roorkee B.E. Mechanical Engineering (Hons) graduate and an IIM Bangalore PGP alumnus.
• 29 years of experience across L&T, Siemens, UltraTech Cement (Aditya Birla Group), Vedanta, and SAR Group (Livguard).
• Has held senior leadership positions including Plant Head, COO, Group President and Executive Director, progressing from a functional management role to Group President & Executive Director.
• The update notes significant experience in turning around businesses from loss-making or underperforming operations to benchmark profitability, across sectors including industrial motors, cement, aluminum and energy storage.
• His transformation initiatives have been driven by technical innovation, cost and operational discipline, talent development and ESG prioritization.
• Mr. Tiwari is not related to any Director or Promoter of the Company.

Meeting details

• The Board meeting commenced at 6:00 P.M. and concluded at 6.30 P.M.

How to read this

This is an update on a leadership and succession arrangement at the top of the company, disclosed as an outcome of the Board meeting. It sets out who is coming in, the designation, the effective date, and the appointee's professional background.

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