Announced Sat, 10 Jan · 13:49 IST

DMCC SPECIALITY CHEMICALS LIMITED has informed the Exchange regarding Outcome of Board Meeting held on January 10, 2026.

Management Changes View source PDF

DMCC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

DMCC Speciality Chemicals' board, at its meeting on January 10, 2026, approved two key appointments. Ms. Saloni Jhaveri (DIN: 02872575) has been appointed as an Additional Non-Executive Independent Director for a first term of 5 years (Jan 10, 2026 to Jan 9, 2031), subject to shareholder approval. She brings over 20 years of experience in private equity, M&A, and corporate finance, and currently heads Investor Relations at NIIF. Additionally, Ms. Pallavi Pednekar has been appointed as Company Secretary & Compliance Officer and Key Managerial Personnel, effective January 27, 2026. She is a qualified Company Secretary (ACS 33498) with over 12 years of experience in secretarial and legal functions, including prior stints at NGL Fine-Chem and Survival Technologies. The board meeting ran from 11:35 a.m. to 1:40 p.m. IST.

Likely market impact

This is a routine governance update with no resignations or negative signals. The addition of a finance/PE-experienced independent director and a new company secretary strengthens the board's expertise and ensures compliance continuity. Shareholders should expect a postal ballot or general meeting to approve Ms. Jhaveri's directorship.