Saurashtra Cement Limited at its board meeting held on May 25, 2023, appointed Mr. M. N. Sarma as an Additional Director, categorised as Independent, Non-Executive Director on the Board of the Company with effect from May 25, 2023 till the upcoming AGM. Mr. M.N. Sarma, aged 64 years, is a Post Graduate in Economics, L.L.B. and he is an Associate Member of the Insurance Institute of India. Mr. Sarma has experience in insurance sector of around 39 years serving in New India Assurance Company Ltd, Oriental Insurance Company Limited, The Ken India Assurance Company Ltd, Nairobi and Government of India owned Health Insurance TPA of India Limited.

He retired as the Chairman-cum-Managing Director of United India Insurance Company Ltd.