Board approves appointment of Anurag Tiwari as Managing Director – Designate, Senior Management Personnel

Saurashtra Cement's Board approved the appointment of Mr. Anurag Tiwari as Managing Director – Designate, as a Senior Management Personnel, with effect from 16th October 2026.

Mon 12 Oct 2026

Appointee and Role

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

Effective Date

16th October 2026

Board Meeting Date

12th October 2026

Board approves a Managing Director – Designate

Saurashtra Cement's Board of Directors, at its meeting held on 12th 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 16th October 2026.

• The decision was based on the recommendation of the Nomination and Remuneration Committee.
• The Board meeting commenced at 6:00 P.M. and concluded at 6.30 P.M.
• Mr. Tiwari is not related to any Director or Promoter of the Company.

What the designation means

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

Who is Mr. Anurag Tiwari:

• He has 29 years of experience across L&T, Siemens, UltraTech Cement (Aditya Birla Group), Vedanta, and SAR Group (Livguard).
• He is an IIT Roorkee B.E. Mechanical Engineering (Hons) graduate and an IIM Bangalore PGP alumnus.
• He 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.
• He has 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, as described, have been driven by a combination of technical innovation, cost and operational discipline, talent development and ESG prioritization.

How to read this

A change in the top management structure is something investors track for continuity and execution. The appointment takes effect from 16th October 2026, so the change is not effective from the date of the Board meeting itself. The update describes the role as a designation denoting a proposed transition and succession arrangement, and it does not create a separate statutory office under the Companies Act, 2013.

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