
N Srinivasan resigns as CEO, MD of India Cements after CCI approves ₹7,000-crore UltraTech deal
N Srinivasan, chief executive officer (CEO) and managing director (MD) of India Cements, and other board members tendered their resignations with immediate effect on Wednesday, December 25, 2024 following UltraTech Cement’s 32 per cent acquisition of the South-based cement maker. Earlier this month, the Aditya Birla Group-owned cement major completed the acquisition of 10.13 crore…