NACL Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP
NACLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.4 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NACL Industries Limited announced resignations and immediate replacements for two senior positions on May 4, 2026. Mr. Satish Kumar Subudhi resigned as Company Secretary and Compliance Officer (KMP), citing personal reasons. Mr. Sriniwas C R also stepped down as Chief Human Resources Officer (SMP) on the same day. Both departures were effective close of business on May 4, 2026. Mr. Rajesh Mukhija has been appointed as the new Company Secretary and Compliance Officer effective May 5, 2026, bringing over 25 years of experience including senior roles at Murugappa Group companies. Mr. N. R. Vishwanathan joins as Head - HR & Admin effective 24 days later, also from the Coromandel/Murugappa Group background.
The simultaneous resignation of two senior management personnel (KMP and SMP) on the same day may raise minor concerns about internal stability, though immediate replacements have been arranged. The new appointees bring strong corporate governance and HR expertise from established companies.