Khaitan Chemicals & Fertilizers Limited has informed the Exchange regarding completion of tenure of Mr. Jagdish Lal Jajoo as Executive Director of the company w.e.f. April 21, 2025.
KHAICHEM · price
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Mr. Jagdish Lal Jajoo (DIN: 02758763) has completed his term as Whole-Time Director of Khaitan Chemicals & Fertilizers Limited on April 21, 2025, and has accordingly ceased to be a Director of the Company from the close of business hours on that date. The reason stated is completion of tenure, not resignation or any adverse action. The Board has been reconstituted effective April 22, 2025 with six directors: Mr. Shailesh Khaitan (Chairman & Managing Director), Mr. Utsav Khaitan (Joint Managing Director), Mr. Praveen Uniyal (Whole-Time Director), Mrs. Payal Gupta (Independent Women Director), Mr. Deepak Kumar Khemka (Independent Director), and Mr. Inder Jit Singh (Independent Director). The Company Secretary, Ms. Sejal Maheshwari, has filed the disclosure under SEBI Listing Regulations.
This is a routine, planned leadership transition with no governance red flags. The company retains its promoter-led leadership structure, and shareholders are unlikely to see any material impact on operations or stock price from this announcement.