INDIAGLYCONSEIndia Glycols Limited· Chemicals - OrganicMediumNeutral
Announced Fri, 16 May · 17:45 IST

India Glycols Limited has informed the Exchange about change in Management

Management Changes View source PDF

INDIAGLYCO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India Glycols' board, at its meeting on 16th May 2025, approved the re-appointment of Ms. Pragya Bhartia Barwale as Executive Director (Whole Time) for 5 years from 24th June 2025. It also re-appointed Shri U.S. Bhartia as Chairman & Managing Director for another 5-year term starting 1st April 2026. The board appointed Shri Dev Chander Jha as Chief Human Resource Officer (Senior Management Personnel) effective 16th May 2025. Several auditors were also re-appointed or appointed: S.S. Kothari Mehta & Co. (Internal Auditors), R.J. Goel & Co. (Cost Auditors), K.N. Gutgutia & Co. (Tax Auditors) for FY 2025-26, and Mukesh Agarwal & Co. as Secretarial Auditor for a 5-year term from FY 2025-26 to FY 2029-30. The board meeting ran from 3:45 PM to 5:30 PM.

Likely market impact

This is largely a continuity announcement — the promoter-led leadership (U.S. Bhartia and his daughter Pragya Bhartia Barwale) is being retained for another term, which signals stability for shareholders. The new CHRO appointment and auditor re-appointments are routine governance actions with no material impact expected on the stock price.