Pursuant to Reg 30 of the SEBI (LODR) Regulation, 2015, the Company at its board meeting held today April 28, 2025 have appointed Mr. Shreyas Sharma as the Chief Executive Officer (CEO) ....
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Kesar Petroproducts Ltd has formally approved the appointment of Mr. Shreyas Sharma as the Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company, effective April 28, 2025. Mr. Sharma had previously been appointed to the role via a circular resolution dated June 1, 2024, and this board meeting formalizes his position following recommendations from the Nomination and Remuneration Committee. He is a B. Tech graduate from UDCT (2008) specializing in dyes & pigments, with over 15 years of experience in the dyeing and pigmentation industry. Importantly, Mr. Sharma is the son of Mr. Dinesh Sharma, a Non-Executive Non-Independent Director on the company's board.
This is a regulatory formality rather than a fresh leadership change, as Mr. Sharma has already been functioning as CEO since June 2024. However, the family connection (son of an existing director) signals continued promoter-family involvement in the company's senior management, which investors may view either as continuity or as a governance concern depending on their outlook.