Kothari Petrochemicals Limited has informed the Exchange regarding Re-appointment of Mr. Gautam Roy (DIN: 06659522) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from August 10, 2025
KOTHARIPET · price
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Kothari Petrochemicals informed the exchange that shareholders at the 36th AGM held on August 5, 2025 approved three key resolutions. Mr. Brij Mohan Bansal (former Chairman of Indian Oil Corporation) and Mr. Gautam Roy (former MD of Chennai Petroleum Corporation) were re-appointed as Independent Directors for a second term of 5 years each, effective August 10, 2025. Both directors have over four decades of experience in the oil, gas, and petrochemical sectors. Additionally, M/s. V. Vasumathy & Associates, a peer-reviewed Practising Company Secretary firm based in Chennai, was appointed as Secretarial Auditor for the first term of 5 years covering FY 2025-26 to FY 2029-30. The company confirmed that neither director is related to the promoters or other directors on the board.
This is a routine governance update with no material impact on shareholders. The re-appointment of two experienced industry veterans as independent directors signals board continuity, while the formal appointment of a secretarial auditor strengthens compliance posture.