IVPNSEIVP Limited· Chemicals - OrganicMediumNeutral
Announced Wed, 4 Jun · 18:04 IST

IVP Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

IVP · 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

IVP Limited has appointed Mr. Rajkumar Lekhwani as an additional director on its board, effective June 6, 2025, subject to shareholder approval at the upcoming 96th Annual General Meeting. He will serve as a Non-executive, Non-independent director. Mr. Lekhwani is a Chartered Accountant with over 24 years of experience spanning FMCG, Pharmaceuticals, FMEG, and Capital Goods sectors, including a 14-year stint at Procter & Gamble and senior roles at ACG and Crompton Greaves. He brings expertise in corporate finance, taxation, treasury, M&A, and capital structuring. He is not related to any existing director and is not debarred by SEBI from holding directorship.

Likely market impact

This is a routine board addition that strengthens IVP's financial and strategic leadership bench. It is unlikely to have a material impact on the stock price, though shareholders will need to approve his appointment at the AGM.