The India Cements Limited, one of India’s largest producers of cement, has appointed Sri Basavaraju and Sri. V. Ranganathan to its Board of Directors.
Sri Basavaraju served in Life Insurance Corporation of India (LIC) for three and a half decades in various capacities in charge of Finance and Accounts, Marketing, Personnel & Industrial Relations and the last being Zonal Head (in the cadre of Executive Director) and as Chair Professor (Life) and Head of the Life Insurance wing at National Insurance Academy, Pune. He was a Nominee Director of LIC in Companies including our Company.
Sri V.Ranganathan has worked for Murugappa Group for 14 years in the areas of Finance, Secretarial and Taxation. He served at Ernst & Young (E&Y) as a Partner for nearly 20 years.
The India Cements Ltd was established in 1946 and the first plant was setup at Sankarnagar in Tamilnadu in 1949. Since then it has grown in stature to ten plants spread over Tamil Nadu, Andhra Pradesh, Rajasthan and Maharashtra.
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