FilingReader Intelligence

LIC nominee director resigns from Ambuja Cements board

September 15, 2025 at 02:09 PM UTCBy FilingReader AI

Ambuja Cements Limited has announced the cessation of M. R. Kumar as a nominee director on its board, effective from the close of business hours on September 15, 2025. This change follows the completion of his tenure, as communicated in a letter from Life Insurance Corporation of India (LIC) dated August 21, 2025.

The company will disclose this information in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The necessary disclosure, as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, along with Mr. Kumar's resignation letter, will be included as Annexure A to the announcement.

Mr. Kumar expressed gratitude for his time on the board, citing the enriching experience gained from interactions with the chairman and other directors, as well as insights from various plant visits and director engagement programs. His departure marks the end of his representation of LIC on the Ambuja Cements board.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:AMBUJACEMBombay Stock Exchange

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