India’s Kesoram has issued a statement outlining its plans to ‘explore options for reorganising and realigning its existing businesses’. To facilitate this, a committee has been set up comprising three directors, two of which are independent.
Kesoram is active in the cement, tyre and rayon industries. It operates two cement plants, the Vasavadatta plant in Sedam, Karnataka, and the Kesoram plant in Basantnagar, Andhra Pradesh. Together, the plants have a total installed capacity of 7.25 million tpa.
Adapted from press release by Louise Fordham




