Chemplast Sanmar Limited has informed the Exchange regarding Appointment of Aditya Jain as Non- Executive Independent Director of the company w.e.f. April 26, 2026.
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Chemplast Sanmar's Board, at its meeting on January 10, 2026, approved a planned leadership transition at the top. Current Managing Director Ramkumar Shankar has been reappointed for a short 2-month term (February 1 to March 31, 2026) to see the company through the close of FY26, after which he expressed his desire to step down. S Ganeshkumar, currently CEO and Managing Director of TCI Sanmar Chemicals S.A.E. in Egypt, will take over as the new Managing Director for a 3-year term starting April 1, 2026. Additionally, four Independent Directors — Aditya Jain, Sanjay Vijay Bhandarkar, Dr Lakshmi Vijayakumar, and Prasad Raghava Menon — have been reappointed for a second 5-year term from April 26, 2026. All changes remain subject to shareholder approval.
This is a structured and orderly CEO succession with no disruption to the business. The new MD brings over two decades of diversified chemicals and petrochemicals experience, including running TCI Sanmar in Egypt. Reappointment of all four independent directors ensures board continuity and governance stability, which should be viewed positively by shareholders.