Change in the Senior Management of the Company with effect from 22nd August, 2025 since, Mr. Romon Sebastian Louis who has been appointed as the Director (Service Businesses) of the Company with effect from 22nd August, 2025, was earlier forming part of the Senior Management of the Company by way of holding the designation of Executive Director (Logistics Infrastructure & Cold Chain) till 21st August, 2025.
BALMLAWRIE · price
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Balmer Lawrie, a Government of India enterprise under the Ministry of Petroleum and Natural Gas, has appointed Mr. Romon Sebastian Louis as Director (Service Businesses) — an Executive/Whole-time Director position — effective 22nd August, 2025. Mr. Louis is an internal appointee, having served as Executive Director (Logistics Infrastructure & Cold Chain) for nearly three decades at the company. His appointment is for a period of 5 years, subject to shareholder approval at the upcoming 108th AGM. Concurrently, the additional charge of Director (Service Businesses) previously held by Mr. Adhip Nath Palchaudhuri, Chairman & Managing Director, has been extinguished following this regular appointment by the Administrative Ministry. The company will revise its AGM notice and annual report to reflect these changes, and the trading window has been opened from 23rd August, 2025.
This is a routine internal promotion within a PSU and a governance normalisation — the CMD is shedding an additional charge now that a full-time Director has been appointed. No material impact on shareholders or stock price is expected; shareholder approval will be sought at the AGM.