Puneet Yadu Dalmia has assumed the role of Managing Director and CEO at Dalmia Cement (Bharat) Ltd, marking a significant leadership transition within the fourth-largest cement manufacturer in India. The appointment is effective for a tenure of five years, starting from December 8, 2023. Dalmia Cement (Bharat) Ltd currently boasts a market capitalization of Rs 44,210 crore as of December 5, solidifying its prominent position in the cement industry.
Puneet Dalmia, son of Yadu Hari Dalmia, is part of the family that controls the Dalmia Bharat Group, renowned for its presence in the cement and sugar sectors. With a real-time net worth of Rs 26,670 crore, as per Forbes, the Dalmia family has been a key player in shaping the trajectory of the conglomerate.
Having served as the Managing Director of Dalmia Bharat Limited, Puneet has been instrumental in driving the company’s exponential growth since assuming leadership responsibilities in 2004. Under his guidance, Dalmia Bharat has experienced accelerated growth, transforming from a family business into a professionally managed enterprise. Puneet Dalmia’s strategic vision and leadership acumen have played a pivotal role in the company’s success.
Prior to leading Dalmia Bharat, Puneet co-founded JobsAhead.com in 1999, a highly successful dotcom venture that was later acquired by Monster.com in 2004. His academic background includes a B. Tech degree from IIT-Delhi and an MBA from IIM-Bangalore, where he earned a gold medal for his achievements.
Recognized for his entrepreneurial prowess, Puneet Dalmia was conferred with the EY Entrepreneur of the Year award in the manufacturing category in 2017. In June 2021, the Government of India appointed him as the Chairman of the Development Council for Cement Industry (DCCI), further attesting to his industry influence.
Dalmia Cement (Bharat) Ltd, under Puneet Dalmia’s leadership, currently operates with a manufacturing capacity of 44.6 MTPA, encompassing 15 cement plants and grinding units across 10 states. The company has been actively involved in cultural preservation, exemplified by its adoption of the Red Fort as a Monument Mitra in 2018, in collaboration with the Ministry of Culture, Government of India. Additionally, Dalmia has contributed to cultural enrichment through initiatives such as the creation of a laser show. The appointment of Puneet Yadu Dalmia as the Managing Director and CEO heralds a new chapter in the ongoing success story of Dalmia Cement (Bharat) Ltd.
