CHEMPLASTSNSEChemplast Sanmar LimitedMediumNeutral
Announced Fri, 20 Mar · 19:11 IST

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.

Cfo ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.0%1-day move
₹276.50
prior close
₹276.70
base price
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AI summary

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.

Likely market impact

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.