Gurugram, Haryana, India, February 2026 — JK Cement Ltd. has appointed Siddharth Mahanot as CEO – Financial Services, marking a significant leadership addition as the company strengthens its financial services capabilities. He brings extensive experience in financial services, fintech, credit risk, and SME lending across banking and entrepreneurial ecosystems.
Prior to joining JK Cement, Siddharth Mahanot was Co-Founder & Executive Director / COO at Indifi, where he spent nearly a decade building one of India’s leading SMB financing platforms. He continues to serve as Co-Founder & Non-Executive Director at Indifi, contributing to strategic direction and governance. During his tenure, he played a pivotal role in improving access to small business financing through data-driven lending platforms and partnerships with multiple lenders.
Earlier in his career, he held senior leadership roles at Edelweiss Financial Services, Citibank N.A., Sammaan Capital Limited, and ICICI Bank, where he led credit policy, risk management, and commercial lending portfolios across housing finance, SME financing, and retail lending. He also serves in advisory and industry leadership roles, including as a former Treasurer & Executive Committee Member of the Digital Lenders Association of India (DLAI). He holds an MBA from the Institute of Management Technology, Ghaziabad.
JK Cement Ltd. is one of India’s leading manufacturers of grey cement and the world’s third largest white cement producer. With decades of experience supporting India’s infrastructure growth, the company operates with strong technology leadership and customer focus. JK Cement has an grey cement capacity of 14.7 MnTPA and is the world’s largest manufacturer of wall putty. Its white cement products are sold across 43 countries, supported by international subsidiaries in the UAE and Africa.
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