Ambuja Cements announces the conclusion of Mr. M R Kumar’s tenure as the Nominee Director of Life Insurance Corporation of India (LIC) on the Board, effective September 15, 2025. This follows the completion of his term, as indicated in a letter received from LIC dated August 21, 2025. The resignation letter from Mr. Kumar has been received.
Nominee Director’s Departure
Mr. M R Kumar’s tenure as the Life Insurance Corporation of India (LIC) Nominee Director on the Board of Ambuja Cements has concluded. The effective date of this change is September 15, 2025.
Details of the Transition
The company received official communication from LIC on August 21, 2025, confirming the completion of Mr. Kumar’s term. His resignation is effective from the close of business hours on September 15, 2025.
Additional Information
The cessation is due to the completion of tenure, according to the provided details. A copy of the resignation letter from Mr. M R Kumar is included with this announcement.
Source: BSE