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Awaiting price reaction for this filing.
Chemiesynth (Vapi) Ltd has reconstituted its Nomination and Remuneration Committee (NRC) with effect from 13 February 2026. Promoter Director Mr. Sandip Zaveri (Managing Director) stepped down from the NRC, and promoter non-executive director Mr. Satish Zaveri was appointed in his place. The reconstituted NRC now has three members: Mr. Pramod G. Gujarathi and Ms. Jigna Prajapati (both Independent Directors) along with Mr. Satish Zaveri (Non-Executive Non-Independent). The company stated the change was made to ensure compliance with Section 178 of the Companies Act, 2013 and Regulation 19 of SEBI LODR, which govern the composition of this committee.
This is a routine governance-driven committee reshuffle rather than a strategic change, so the direct impact on shareholders or stock price is minimal. However, investors may note that the new NRC composition complies with the requirement that independent directors form a majority on the committee, which is a positive governance signal.