IPLNSEIndia Pesticides LimitedLowNeutral
Announced Mon, 12 Jan · 15:43 IST

India Pesticides Limited has informed the Exchange regarding Outcome of Board Meeting held on January 12, 2026.

Board & Shareholder Meetings View source PDF

IPL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India Pesticides Limited's Board of Directors passed resolutions by circulation on January 12, 2026. The key decision was appointing Mr. Arun Kumar Jain (DIN: 07563704), a former Chairman of the Central Board of Direct Taxes (CBDT), as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval. The Board also approved the reconstitution of its committees and initiated the Postal Ballot process to seek shareholder approval for the appointment. Mr. Arun is a 1978-batch retired IRS officer with extensive experience in taxation, financial analysis, and public administration, and currently serves as an Independent Director at GHCL Limited. The Postal Ballot e-voting will run from February 5, 2026 to March 6, 2026, with a cut-off date of January 28, 2026. NSDL has been appointed to provide the e-voting facility and Mr. Saket Sharma of GSK & Associates will act as the Scrutinizer.

Likely market impact

This is a routine governance update with no immediate financial impact. The addition of a highly experienced former CBDT Chairman strengthens the Board's expertise. Shareholders should watch for the Postal Ballot notice to vote on the director's appointment between February 5 and March 6, 2026.