Avantika Saraogi appointed as Executive Director of Balrampur Chini Mills Limited

Balrampur Chini Mills Limited (BCML) has appointed Avantika Saraogi as the Executive Director of the Company, effective 1st January 2024. The company is one of the largest integrated sugar mill complexes in the country and its core businesses are sugar, bio-ethanol & renewable power. Founded in 1975, Balrampur Chini Mills Limited is listed in both NSE & BSE with a current market cap of around 8,000 crores.

Avantika will oversee the core businesses of sugar & distillery and continue to lead the agricultural vertical, managing cane operations, development, procurement, strategy, technology, sustainability, and communications.

Welcoming his daughter, Mr. Vivek Saraogi, Chairman & Managing Director of Balrampur Chini Mills Limited said, “Ms. Avantika Saraogi’s appointment as Executive Director marks a joyous moment in our company’s history. She carries the beacon of innovation and excellence. I am confident that she will uphold our core values & drive the company forward while also charting a new course for the future.”

Joining the new role, Avantika aims to carry the rich legacy of her late grandmother Smt. Meenakshi Saraogi, lovingly called ‘Madamji’ by all. “With humility, I follow in the footsteps of my late grandmother and father, who are industry stalwarts. After spearheading new business initiatives & the agri division for 4 years, I am committed to navigating the business path with excitement, gratitude, and determination, aiming to shape a new era for our distinguished business,” she said.