India Pesticides Limited has informed the Exchange regarding Appointment of Mr. Arun Kumar Jain as Non- Executive Independent Director of the company w.e.f. January 23, 2026.
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India Pesticides Limited has appointed Mr. Arun Kumar Jain (DIN: 07563704) as an Additional Director in the capacity of Non-Executive Independent Director, effective January 23, 2026, for a five-year term subject to shareholder approval. Mr. Jain is a retired Indian Revenue Service (IRS) officer from the 1978 batch who served as Chairman of the Central Board of Direct Taxes (CBDT) until January 2016, with prior senior roles in the Income Tax Department. He currently serves as an Independent Director (second term) at GHCL Limited, a listed company with around ₹3,200 crore in annual turnover. The Board also approved the reconstitution of committees and a postal ballot notice to seek shareholder approval, with e-voting scheduled from February 5, 2026 to March 6, 2026 (cut-off date January 28, 2026). NSDL will provide the e-voting platform, and Mr. Saket Sharma of GSK & Associates has been appointed as Scrutinizer.
This is a routine independent director appointment that brings a high-profile former tax administrator to the board, which may strengthen governance and compliance oversight. The appointment is subject to shareholder approval via postal ballot, so it does not change board control or have an immediate material impact on the stock.