Vaibhav Dixit Takes Helm at Orient Cement as CEO
Company - People | Apr 23, 2025 | EIN
Orient Cement has announced Vaibhav Dixit as its new CEO, succeeding Desk Deepak Khetrapal. Dixit brings over two decades of experience in the cement industry, having previously held key roles at ACC, such as Unit Head and Project Head. The company has also made other significant appointments, including Vinod Bahety as Chair and Kajal Sarda as Chief Financial Officer. Bahety, who is credited with extensive leadership experience, became CEO of Ambuja Cements and ACC in April 2025, and was previously the CFO at Adani Group's subsidiaries, handling M&A activities. Kajal Sarda is noted for her finance expertise with leading roles at Hindustan Zinc and Bharat Aluminium Company. Additionally, Ambuja Cements was granted approval in March 2025 by the Competition Commission of India to acquire Orient Cement.
Sectors
- Cement Industry
- Mergers and Acquisitions (M&A)
Geography
- India – The geographical focus of the article is on India, where Orient Cement, Ambuja Cements, and related leadership changes are taking place.
Industry
- Cement Industry – This industry classification is relevant as the article discusses key executive appointments at Orient Cement and its acquisition by Ambuja Cements.
- Mergers and Acquisitions (M&A) – The article highlights leadership transitions at Orient Cement and mentions Ambuja Cements' approval to acquire Orient Cement, indicating strategic M&A activity.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Orient Cement | Target Company | Company | Orient Cement is a leading cement manufacturer in India undergoing leadership changes amidst acquisition activities. |
| Ambuja Cements | Bidding Company | Company | Ambuja Cements, a major player in the cement industry, has gained approval to acquire Orient Cement. |
| Vaibhav Dixit | New CEO of Orient Cement | Person | Vaibhav Dixit is the newly appointed CEO of Orient Cement with over 20 years of experience in the cement industry. |
| Vinod Bahety | Chair of Orient Cement | Person | Vinod Bahety is the newly appointed Chair of Orient Cement, with significant experience in leadership and finance roles. |
| Kajal Sarda | CFO of Orient Cement | Person | Kajal Sarda, a seasoned finance professional, has taken on the role of CFO at Orient Cement. |
| Desk Deepak Khetrapal | Former CEO of Orient Cement | Person | Desk Deepak Khetrapal was the previous CEO of Orient Cement before Vaibhav Dixit's appointment. |
| Competition Commission of India | Regulatory Body | Government | The Competition Commission of India is the regulatory authority that approved the acquisition of Orient Cement by Ambuja Cements. |