Benu Gopal Bangur
Overview
- Source of Wealth
- Cement
- Industry
- Manufacturing
- Residence
- Kolkata
- Education
- Calcutta University (Bachelor of Arts/Science)
- Marital Status
- Widowed
- Children
- 2
Assets
- Shree Cement22,570,000 shares @ --500387-IN
Biography
Cement czar Benu Gopal Bangur gets his wealth from a majority stake in Shree Cement, one of India's most cost-efficient cement producers.
Shree, which was started in 1979 in Jaipur, sells branded cement under the names of Shree Ultra Jung Rodhak, Bangur Cement and Rockstrong.
Bangur hails from a storied business clan in Kolkata and got control of Shree Cement in the 1990s after a family split.
Today the company is run by his son Hari Mohan, who was appointed chairman in 2022 after Bangur stepped down. His grandson Prashant is vice chairman.
In October 2024, Shree Cement signed an agreement with the Indian government's internal trade department to help manufacturing startups with financial support.
About
The Bangurs were among the top ten business families in India in the 1950s and 1960s.
Bangur supports the preservation and forestation of sand dunes near Lord Brahma Temple at Pushkar in Rajasthan.