Hari Mohan Bangur | |
Nationality: | Indian |
Education: | IIT Bombay |
Occupation: | Businessman |
CEO, Shree Cement | |
Parents: | Benu Gopal Bangur |
Children: | 2 |
Hari Mohan Bangur (born 1952/53) is an Indian businessman, who is the managing director of Shree Cement.
He is the son of Benu Gopal Bangur, and great grandson of Mugnee Ram Bangur.[1]
He studied chemical engineering at IIT Bombay.[2]
Bangur has been a director of Shree Cement since 1992, and is its CEO.[2]
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.[1]
He has a son, Prashant, who is the joint managing director.[3]