Khaitan Chemicals & Fertilizers Limited has informed the Exchange regarding Change in Director(s) of the company.

KHAICHEM · price

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Price reaction · full curve 14 horizons · vs prior close

-13.7%1-day move

₹62.25

prior close

₹61.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-4.2-3.7-3.6-3.3-13.7-12.5-12.3-11.7-12.9-7.0-12.1-10.2-9.4-23.1

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AI summary

The Board of Directors of Khaitan Chemicals & Fertilizers Limited has approved the re-appointment of Mr. Utsav Khaitan as Joint Managing Director for a period of 3 years starting 1st May 2026 till 30th April 2029. This re-appointment is subject to approval by shareholders at the ensuing General Meeting. Mr. Utsav Khaitan holds a degree in Economics from New York University and has expertise in marketing, consumer behavior analysis, brand development, and digital marketing. He is the son of Mr. Shailesh Khaitan, who continues as Chairman & Managing Director of the company. Mr. Utsav Khaitan currently holds 13,439 shares in the company.

Likely market impact

This is a routine board governance matter with no immediate impact on shareholders. The continuation of the existing management structure under the Khaitan family provides stability. Shareholders will vote on this re-appointment at the next General Meeting.