ITD Cementation India Limited Announces Management Changes
April 23, 2019 at 05:48 am
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ITD Cementation India Limited appointed Deba Prasad Roy as an Independent Director of the company for a second term of 2 consecutive years with effect from 6 August, 2019 to 5 August, 2021 (both days inclusive) subject to the approval of the shareholders at the General Meeting. Appointed Adun Saraban as Executive Vice Chairman of the Company for a term commencing from 23 April 2019 to 31 December, 2019 (Both days inclusive) subject to the approval of the shareholders at the General Meeting and appointed Santi Jongkongka_as an Additional Director and Whole-time Director designated as Executive Director (Operations) of the Company for a term of three years commencing from the date of obtaining Director Identification Number from the Central Government by him and subject to the approval of the shareholders at the General. Mr. D.P. Roy, 77, has been a Non-Executive Director of the Company since 2007. He was the former Executive Chairman of SBI Capital Markets Limited and has a rich and wide experience in Corporate, International and Investment Banking Sectors of over 40 years. Mr. Adun Saraban is a Director of the Company since 2009 and the Managing Director of the Company from 2010. He holds a rich experience of more than three decades in Civil Engineering and Construction Project Management and also brings in vast exposure to global best modem construction methodologies. Mr. Santi Jongkongka has experience of over 29 years in Civil Engineering and Construction Project Management. He holds a vast experience of working in India and is well acquainted with Indian culture and ethos. In fact he is one of the pioneer members representing Italian-Thai Development Public Company Limited (lTD) in India for lTD - SDB JV in the year 2001-2003, after a brief hiatus he was back in India from the year 2005 to 2012 and was associated with lTD CEM in various capacities like coordination & monitoring executive to assisting Managing Director.
ITD Cementation India Limited is an India-based engineering and construction company. The Company is involved in the heavy civil, infrastructure, and engineering, procurement and construction (EPC) business and operates in India. The Company is engaged in urban infrastructure, Mass Rapid Transport Systems (MRTS) and airports; highways, bridges and flyovers; maritime structures; industrial structures and buildings; water and wastewater; foundation and specialist engineering, and hydro, dams, tunnels and irrigation. It is focused on construction of flyovers, underpasses and river bridges using specialized foundation techniques. The Company offers a modern and comprehensive range of construction techniques for the construction of piles and diaphragm walls, ground improvement, drilling grouting works, rock anchors, slope stabilization and rehabilitation work. The Companyâs subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium.