New CEO for Renewable Energy unit; key internal promotions
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On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.5 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board on Dec 12, 2025 appointed Mr. Rakesh Kumar Tiwari as CEO-Renewable Energy (Senior Management Personnel) to explore renewable energy projects. He brings about 20 years global experience across solar, semiconductor and manufacturing, having worked at Adani Group and Masdar Solar. Mrs. Tanvi Goenka redesignated as Chief Compliance Officer. Two accounts staff promoted to AGM-Accounts.
Signals expansion into renewable energy and internal team strengthening; limited immediate price impact expected.