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Scrips, which has significant changes during the market hours.

 
UltraTech Cement board appoints Jayant Dua as managing director (designate)
07-Mar-26 13:44Hrs IST

The board has also approved Jayant Dua's appointment as additional director; managing director and key managerial personnel of the company, effective 01 January 2027, upon completion of the term of K. C. Jhanwar as managing director on 31 December 2026.

Jayant Dua's term as managing director would be for four years beginning 01 January 2027 to 31 December 2030, subject to approval of the company's shareholders.

Dua is a seasoned leader with 37 years of experience. He joined the Aditya Birla Group in 1996 in its Cement Business and spent a decade across functional and business leadership roles.

Over the last two decades, he has held multiple P&L and CEO responsibilities, building and scaling businesses across diverse industries such as Insulators, Insurance, Century Cement and Chlor-Alkali. In 2023, he was elevated as the Business Head ' Renewables and Textiles.

Dua holds an Engineering Degree from IIT Delhi, MBA from International Management Institute and has completed the Advanced Management Program from Harvard Business School.

UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the second-largest cement producer in the world, outside of China. During the December quarter, the company's domestic grey cement capacity stood at 188.66 MTPA. Including its 5.4 MTPA cement capacity in the UAE, UltraTech's total global cement capacity has reached 194.06 MTPA.

The company reported a 26.92% jump in consolidated net profit to Rs 1,725.40 crore on 22.78% increase in revenue from operations to Rs 21,829.68 crore in Q3 FY26 over Q3 FY25.

The scrip had advanced 1.53% to end at Rs 12290.90 on the BSE on Friday.

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