Hari Mohan Bangur
Indian businessman
From Wikipedia, the free encyclopedia
Hari Mohan Bangur (born 1952/53) is an Indian businessman, who is the managing director of Shree Cement.
Hari Mohan Bangur | |
|---|---|
| Born | 1952 or 1953 (age 73–74)[1] |
| Education | IIT Bombay |
| Occupation | Businessman |
| Title | CEO, Shree Cement |
| Children | 2 |
| Parent | Benu Gopal Bangur |
Early life
He is the son of Benu Gopal Bangur, and great grandson of Mugnee Ram Bangur.[2]
He studied chemical engineering at IIT Bombay.[1]
Career
Bangur has been a director of Shree Cement since 1992, and is its CEO.[1]
In 2002 Shree Cement was in deep trouble, and he nearly agreed a 50/50 merger with the French cement company Vicat.[3] With his father's approval, he declined the merger and turned things around, increasing capacity ten-fold over a decade, and with the share price rising from Rs 45 ten years ago to Rs 4,500.[3]
As of 2016, the Bangur family owns 65% of Shree Cement.[2]
