Intimation of appointment of additional directors in the board meeting held on 11th June 2025.
Awaiting price reaction for this filing.
Lords Chemicals Ltd announced the appointment of two additional directors to its board, effective 12th June 2025. Ms. Neha (DIN: 11143488) has been appointed as Additional Independent Woman Director, and Mr. Sanjay Kumar Narsaria (DIN: 10899295) as Additional Non-Executive Independent Director. Both appointments are for a term of five years, subject to shareholder approval at the next general meeting. The company confirmed that neither appointee has been debarred from holding director office by SEBI or any other authority. The board recommendation was made through the Nomination and Remuneration Committee.
Adding two independent directors strengthens board diversity and governance, with the inclusion of a woman director helping meet regulatory requirements. The appointments are subject to shareholder approval, so no immediate material impact on operations is expected.