Birla Corporation Limited, one of India’s leading companies in the cement and diversified business sectors, has announced important leadership and governance updates following the conclusion of its 105th Annual General Meeting (AGM) held on September 15, 2025, at 10:30 a.m. (IST). The company disclosed these decisions to both BSE (Scrip Code: 500335) and NSE (Symbol: BIRLACORPN) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations).

At the AGM, shareholders approved the re-appointment of Shri Sandip Ghose (DIN: 08526143) as the Managing Director & Chief Executive Officer of the Company for a further term of three years with effect from January 1, 2026, upon the expiry of his current tenure. Additionally, shareholders also approved the appointment of M/s. Mamta Binani & Associates, Company Secretaries, as the Secretarial Auditors of the Company for a term of five consecutive years starting from FY 2025-26 until FY 2029-30.

Re-appointment of Shri Sandip Ghose as MD & CEO

The re-appointment of Shri Sandip Ghose reflects the company’s confidence in his leadership and the continuity of its long-term strategic vision. A seasoned business leader, Mr. Ghose brings nearly four decades of professional experience across industries including Consumer Goods (FMCG), Media, and Cement. His career spans across India and Nepal, where he has held multiple senior leadership roles that contributed to operational excellence and business growth.

Mr. Ghose is also a qualified Chartered Accountant and a Professional Coach accredited by the International Coach Federation (ICF). His multidisciplinary skill set and strong leadership track record have been pivotal in steering Birla Corporation towards achieving consistent growth in the cement industry, which is the company’s core business.

Under his stewardship, the company has reinforced its position in the Indian cement sector, focusing on operational efficiency, capacity expansion, and sustainable growth practices. His reappointment ensures continuity in these strategic initiatives and provides confidence to both investors and employees about the company’s future direction.

The re-appointment will be effective from January 1, 2026, and will continue until December 31, 2028, as approved by the shareholders. The company also confirmed that Shri Ghose is not debarred from holding the office of Director by SEBI or any other authority, ensuring his compliance with regulatory requirements.

Appointment of M/s. Mamta Binani & Associates as Secretarial Auditors

In addition to the re-appointment of the MD & CEO, shareholders also approved the appointment of M/s. Mamta Binani & Associates (MBA), Company Secretaries as the Secretarial Auditors of the Company for a term of five years starting from the financial year 2025-26 until the financial year 2029-30.

Established in 1997, the firm is a peer-reviewed integrated Corporate, Secretarial, and Legal Services provider with over 25 years of experience. MBA specialises in multiple corporate law services including Corporate Laws, Due Diligence, Insolvency and Bankruptcy Code (IBC), FEMA, SEBI regulations, Mergers & Acquisitions, Corporate Restructuring, Compliance Audit Services, Pre-listing and Post-listing Compliances.

The appointment of such an experienced firm reflects Birla Corporation’s commitment to corporate governance, regulatory compliance, and maintaining the highest standards of transparency. As the regulatory environment continues to evolve, the role of secretarial auditors becomes critical in ensuring that companies like Birla Corporation remain compliant with applicable laws and uphold good governance practices.

Importance of the Approvals at the 105th AGM

The decisions taken at the AGM highlight two important aspects of Birla Corporation’s governance:

1. Leadership Continuity: With Mr. Sandip Ghose’s reappointment, the company secures its strategic leadership for the next three years, ensuring stability in its growth trajectory.

2. Governance Strengthening: With the appointment of a reputed firm like Mamta Binani & Associates, the company reinforces its governance framework to align with evolving regulatory requirements.

Both approvals align with SEBI’s master circular dated November 11, 2024, which requires listed companies to provide full disclosure of appointments and re-appointments, including professional credentials, tenure, and compliance with regulatory requirements.

Broader Implications for Stakeholders

For investors, these approvals provide clarity and confidence about the company’s leadership and governance practices. Reappointing a proven leader like Mr. Ghose ensures that Birla Corporation will continue to build on its growth momentum. Meanwhile, appointing a reputed secretarial audit firm assures shareholders of regulatory compliance and corporate discipline.

For employees, these decisions provide assurance of continuity at the top management level and reaffirm the company’s commitment to ethical practices and strong compliance.

For customers and partners, the company’s stable leadership and robust governance structure are signs of reliability and trust, which are essential in maintaining strong long-term relationships.

About Birla Corporation Limited

Birla Corporation Limited, part of the M. P. Birla Group, is one of India’s oldest and most respected business houses. Incorporated in 1919, the company has a rich history of contributing to India’s industrial growth. Its primary business lies in the cement sector, where it operates through multiple plants across India, supplying to infrastructure, housing, and industrial sectors.

Over the years, Birla Corporation has also diversified into other sectors, strengthening its business portfolio. The company continues to focus on innovation, sustainability, and governance, making it one of the leading names in the Indian corporate landscape.

Conclusion

The 105th AGM of Birla Corporation Limited marks an important milestone, with shareholders reaffirming their trust in the company’s leadership and governance. The reappointment of Shri Sandip Ghose as Managing Director & CEO for another three years ensures continuity of vision and strategic leadership. Simultaneously, the appointment of M/s. Mamta Binani & Associates as Secretarial Auditors underlines the company’s commitment to compliance and good governance.

Both decisions are aligned with the company’s long-term strategy of strengthening its leadership and governance frameworks, thereby safeguarding stakeholder interests and reinforcing its position as a responsible and forward-looking corporate entity.

The Upcoming IPOs in this week and coming weeks are Karbonsteel Engineering, Taurian MPS, L. T. Elevator, Galaxy Medicare, Airfloa Rail Technology, Dev Accelerator, Jay Ambe Supermarkets, Urban Company, Shringar House of Mangalsutra, .

The Current active IPO are Nilachal Carbo Metalicks, Krupalu Metals, Vashishtha Luxury Fashion, Sharvaya Metals, Vigor Plast India, Austere Systems.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.