Chembond Material Technologies Limited has informed the Exchange about change in Management
CHEMBOND · price
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Awaiting price reaction for this filing.
Chembond Material Technologies has appointed Mr. Kamal D. Tandon as an Additional Director in the Non-Executive, Independent category for a 5-year term from July 16, 2025 to July 15, 2030, subject to shareholder approval at the next AGM. Mr. Tandon holds a Bachelor's in Chemical Engineering and an MBA in Marketing, with over 38 years of leadership experience in the Oil & Gas and Petrochemical sectors. He previously spent 26 years at GAIL (India) Limited, where he rose to Executive Director (Western Region), and also served as Director on the board of ONGC Petro Additions Limited. He is not related to any existing Director and is not debarred by SEBI from holding a directorship.
This is a routine board strengthening move, bringing in a seasoned industry veteran from the Oil & Gas sector which could help Chembond's growth strategy. The appointment is subject to shareholder approval, and the stock is unlikely to see any major price reaction on this news alone.