Fineotex Chemical Limited has informed the Exchange regarding Change in Director(s) of the company.
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Fineotex Chemical's board has approved the re-appointment of four directors, subject to shareholder approval at the upcoming AGM. Mr. Surendrakumar Tibrewala will continue as Chairman and Managing Director and Mr. Sanjay Tibrewala (his son) as Whole Time Director, both for fresh 5-year terms effective October 1, 2025. Two Independent Directors, Mr. Sunil Waghmare and Mrs. Bindu Darshan Shah, have also been re-appointed for second 5-year terms. The board also approved a more detailed and structured Nomination & Remuneration Policy. None of the directors are debarred by SEBI or any other authority.
This is a routine governance filing that signals board continuity for the next 5 years with no resignations or governance red flags. Investors can read this as stability in leadership, with the promoter Tibrewala family (father and son) retaining executive control of the company.