Shree Cement has announced a significant leadership transition. Mr. Sanjay Mehta, President of Procurement & Corporate Affairs, will superannuate on August 31, 2026. Concurrently, the company has appointed Mr. Gaurav Jain as the new Head of Corporate Affairs, effective June 20, 2026. This appointment remains subject to shareholder approval, given Mr. Jain’s status as a relative of the company’s promoters.
Leadership Transition Details
Shree Cement is set to undergo a major change in its senior management team. Mr. Sanjay Mehta, who currently serves as the President of Procurement & Corporate Affairs, is scheduled to retire from his position after the close of business hours on August 31, 2026.
New Appointment to Corporate Affairs
Following this departure, Mr. Gaurav Jain will step into the role of Head – Corporate Affairs, starting June 20, 2026. As Mr. Jain is a relative of the Chairman and Vice Chairman, his appointment is subject to the formal approval of the company’s shareholders.
Profile of the Incoming Executive
Mr. Gaurav Jain brings over two decades of professional experience to the role, with a strong background in sales, business development, investor relations, and corporate affairs. His career highlights include leadership positions at the Jaypee Group, along with professional stints at the ICICI Group and Accenture. He is an MBA graduate from the Indian School of Business, Hyderabad, where he was a GSB Merit Scholarship recipient.
Source: BSE
