Ambuja Cements Appoints Vinod Bahety CEO, Reassigns Ajay Kapur MD

Ambuja Cements Ltd. has announced significant leadership changes, appointing Vinod Bahety as Chief Executive Officer (CEO), effective April 1, 2025, while reappointing Ajay Kapur as Managing Director for a two-year term starting the same day. Bahety, who previously served as the finance chief for Ambuja and ACC, will also take on the roles of additional director and whole-time director. Rakesh Tiwary has been appointed as Chief Financial Officer, with the changes reflecting the company's strategy to enhance management structure amid increasing competition in the cement sector. These appointments come as Ambuja Cements seeks to strengthen its market position and operational efficiency in response to growing infrastructure demands in India. The company's leadership reshuffle is part of a broader consolidation trend in the Indian cement industry, especially against competitors like UltraTech Cement. Overall, these changes signal Ambuja's intent to bolster its capabilities in a rapidly evolving market environment.