Star Cement Limited has announced a key leadership change within its subsidiary, Star Cement North East Limited (SCNEL). The Board has appointed Mr. Sunil Aggarwal as the new Chief Strategy & Finance Officer (CSFO), effective February 16, 2026. Mr. Aggarwal brings over three decades of cross-functional experience in sales, finance, and business operations across various sectors, including building materials, FMCG, and automobiles. He is a qualified Chartered Accountant with an MBA in Strategy.
Key Appointment in Subsidiary Leadership
Star Cement Limited formally disclosed a significant personnel appointment concerning its subsidiary, M/s Star Cement North East Limited (SCNEL). The Board of Directors, acting upon the recommendation of the Nomination and Remuneration Committee, has approved the induction of Mr. Sunil Aggarwal.
Mr. Aggarwal will assume the role of Chief Strategy & Finance Officer (CSFO) at SCNEL, with the appointment taking effect on February 16, 2026. Consequently, he is designated as a Senior Management Personnel for SCNEL from the same date.
Profile of New CSFO
Mr. Sunil Aggarwal is a highly experienced professional, holding a commerce degree from Shri Ram College of Commerce and possessing qualifications as a Chartered Accountant. Furthermore, he holds an MBA (EMP) in Strategy from MDI, Gurgaon.
His professional background spans over three decades, characterized by extensive, cross-functional expertise covering sales, Marketing, Finance, Commercial, and Business Operations. He has a proven track record of leading large-scale national retail and trade sales operations and driving strategic transformations across diverse industries including Building Materials, FMCG, Media, and Automobiles.
Compliance and Relationships
The disclosure confirms that Mr. Sunil Aggarwal is not related to any of the Directors or Key Managerial Personnel of SCNEL. The company has provided the requisite details as mandated by applicable regulations, ensuring full transparency regarding this senior management induction.
Source: BSE
