Sagar Cements Limited informed that following the laying down of office by Shri K.Thanu Pillai as Chairman on completion of his second consecutive term as an Independent Director, the Board of Directors has appointed Shri K.V.Vishnu Raju (DIN: 00480361), an independent Director of the Company to hold' office as Chairman of the Company with effect from 24th September, 2022. A brief profile of Shri K.V.Vishnu Raju is given in the annexure. Shri K.V.Vishnu Raju is a graduate in Chemical Engineering from National Institute of Technology, Tiruchirapalli and Master's in Chemical Engineering from Michigan Technological University,Houghton, Ml, USA.

He has been associated with Raasi Cements Limited as Executive Director from 1992 to 1995 and as Managing Director from 1995 to 1998. He has been on the Board of Anjani Portland Cement Limited as its Chairman and Managing Director from 1999 to 2014. Presently he is on the Board of Anjani Vishnu Allied Services Limited as a whole-time director.