UltraTech Cement appoints Kailash Chandra Jhanwar as Non-Executive Vice Chairman
He will replace KK Maheshwari
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Published: Oct 19, 2026 4:10 PM | 1 min read
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UltraTech Cement has announced a leadership transition at the board level, with Kailash Chandra Jhanwar set to assume the role of non-executive vice chairman from January 1, 2027, as KK Maheshwari prepares to step down from the position. The development comes alongside a strong quarterly performance, with the cement maker reporting a 21% rise in consolidated net profit for the July–September quarter of FY2027.
In a regulatory filing, the company also confirmed that KK Maheshwari will vacate the non-executive vice chairman position from the same date, referring to his existing professional responsibilities and personal obligations as the reasons for his departure.
On the financial front, UltraTech Cement posted a consolidated net profit of Rs 1,494 crore for the July–September quarter of FY2027, representing a growth of over 21% compared with Rs 1,232 crore recorded in the corresponding quarter of the previous year.
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