Benu Gopal Bangur Age and Biography
Benu Gopal Bangur is 95, born on 1 June 1931 according to Forbes 1. He took control of Shree Cement after the family's 1990s split and stepped down as chairman in October 2022 36.
Benu Gopal Bangur's early life
Benu Gopal Bangur was born on 1 June 1931, according to Forbes 1. He belongs to the Bangur family of Kolkata, a Marwari business clan, and studied at the University of Calcutta 3. His grandfather, Mungee Ram Bangur, a Calcutta stockbroker, founded the family business with his brother Ram Coowar Bangur in the late 19th century 3. By the 1950s and 1960s, Forbes says, the Bangurs were among the ten largest business families in India 1.
Shree Cement's beginnings
Shree Cement was incorporated in 1979 4. Forbes says it was started in Jaipur, while Wikipedia records its registered office and first plant at Beawar in Rajasthan, commissioned in 1983 with production starting in 1985 14.
The family split
The wider Bangur business was divided in 1991 among five branches of the family, including Benu Gopal's 3. Accounts differ on exactly when he took full control of the cement company: Wikipedia's Shree Cement article dates full family control to 1995, YourStory describes a further subdivision in 1997, and Forbes says only that he gained control in the 1990s 147.
Growth under the family
His son Hari Mohan Bangur had begun running Shree in 1990 3. Under the father and son, it grew into India's third-largest cement group by capacity, adding plants across north, central, east and south India and, in 2018, Union Cement in Ras Al Khaimah for about $305 million 4. Capacity in India reached 69.3 million tonnes a year by March 2026 5.
Stepping down
On 14 October 2022, at 91, he resigned as chairman and director and was named chairman emeritus. Hari Mohan became chairman, grandson Prashant became vice-chairman and Neeraj Akhoury became managing director 6.