Star Cement Limited Appoints Jagdish Chandra Toshniwal as an Additional Director, Effective April 01, 2023
March 20, 2023 at 04:15 am EDT
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Star Cement Limited announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company through circular resolutions have
appointed Mr. Jagdish Chandra Toshniwal as an Additional Director in the category of Independent Director of the Company for a term of three years with effect from April 01, 2023 subject To Approve the members of the Company and other applicable approvals, if required. Mr. Jagdish Chandra Toshniwal aged about 69 years holds a B.E. Degree in Mechanical Engineering from Birla Institute of Technology & Science, Pilani (Rajasthan). He has nearly 45 years of experience in Cement Industry with visionary leadership, high achievement orientation, innovative capabilities and strong business acumen. He is a thorough cement professional having exposure in Plant operations, Green Field/Brown Field Project, Marketing, Procurement and Business Development. He has worked with Ambuja Cement Limited, Heidelberg Cement India Private Limited and different other Cement Companies. Currently, He is associated as Director with Shiva Cement Limited and Jindal Panther Cement Private Limited. Mr. Toshniwal has also worked as Managing Director from 03rd August, 2015 till 31st March, 2021, in Wonder Cement Limited. He was responsible for managing entire business of the Company including plant operations, project planning and execution, sales and marketing across nine states, setting up processes, developing the organization for rapid growth of the Company, developing business strategies.
Star Cement Limited is an India-based cement company in North-Eastern India. The Company is engaged in the manufacture of cement, cement clinker, and generation of pawer. It operates through segments: Cement and Power. The Company has its 1.67 million tons per annum (MTPA) integrated cement plant in the idyllic town of Lumshnong in Meghalaya. Its product range for construction includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and a marque product in the value-added segment Anti Rust Cement (ARC). In addition, the Company has two grinding units, a two MTPA cement unit in Sonapur near Guwahati and another cement unit at Mohitnagar near Siliguri in West Bengal, with a capacity of two million tons per annum (MTPA), with an installed capacity of around 5.7 MTPA. The Company is selling its product across northeastern and eastern states of India.