Chemplast Sanmar Limited has informed the Exchange regarding Appointment of A R Balaji as Chief Financial Officer of the company w.e.f. April 01, 2026.
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Chemplast Sanmar announced a realignment of senior management responsibilities effective March 31, 2026. CFO Mr. N Muralidharan and Company Secretary Mr. M Raman will step down from their roles. Taking over from April 1, 2026 are Mr. A R Balaji as the new CFO and Mr. P Srinivasan as the new Company Secretary and Compliance Officer. Mr. A R Balaji (60) is an internal appointment, currently heading Treasury for The Sanmar Group, with 40 years of finance experience. Mr. P Srinivasan (60) is also internal, currently serving as Senior VP – Secretarial at the company since October 2021, and was earlier CS at TVS Srichakra.
This is an orderly internal succession with both replacements already working within the Sanmar Group/Chemplast, suggesting smooth continuity in finance and compliance functions. No immediate negative read for shareholders, though investors may want to track the new CFO's capital allocation strategy once he takes charge.