Mumbai: UltraTech Cement Ltd, India’s largest cement producer, on Monday said it has appointed Renuka Ramnath and Sukanya Kripalu as additional independent directors on its board.

The appointments are in effect from 11 October, the Adity Birla Group company said in a filing to the exchanges.

Ramnath is the founder of Mutliples, a $400 million private equity fund, and is a former managing director and chief executive officer of ICICI Venture.

Kripalu is director at Sukanya Consulting and was the former chief executive officer at Quadra Advisory.

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