Panyam Cements & Mineral Industries Ltd

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Sri S.P.Y.ReddyB.E.(Mech)

Founder and Chairman
Nandi Group

Brief Profile : 
Sri S.P.Y.Reddy is the Chairman of Panyam Cements & Mineral Industries Limited. He is Engineering Graduate in Mechanical from Regional Engineering College, Warangal.On completion of graduation, he has worked for a shorter period of three years in Bhaba Atomic Research Centre, Mumbai. He started his own business in the year 1977 and has essential role in establishment of NANDI GROUP. He has served as Chairman of Nandyal Municipality for a brief period. Sri S.P.Y.Reddy is a sitting Member of Parliament from Nandyal Parliamentary Constituency.

Several inPanyamtions to his credit – like
PVC Pipes on Hire Basis to farmers at nominal rent
Introduction of Co-operative farming
Bore - Well Schemes
Additional Subsidy to Drip / Sprinkler Irrigation
Permanent Sprinkler System with PVC Pipes
Roti – Dal Scheme

Sri S.Sreedhar ReddyB.Tech (E.C.E)

Managing Director

Brief Profile : 

Sri S. Sreedhar Reddy is the Managing Director of Panyam Cements & Mineral Industries Limited. He is an Engineering Graduate from S.V. University, Tirupathi. He is associated with the Nandi Group since 2000 and takes care of the day to day functional activities of the Company

Sri Sreedhar Reddy was instrumental in implementing a green field project S.P.Y.Agro Industries Limited with a capacity of 145000 KLD per day and the said unit is now expanding its production capacity.

The promoters hold about 51.32% stake in the present equity of Panyam Cements.

Several inPanyamtions to his credit – like:
An young and energetic engineer with MBA study from IIM, Ahmedabad
Has blend of tradition and modernity
Person behind the enormous growth of group from Rs. 100 Crores to Rs.700 Crores during the last 10 years
Enthusiastic for implementation of new techniques and systems in the group