Intimation under Regulation 30 of SEBI (LODR) Regulation 2015 regarding appointment of directors
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Nikhil Adhesives has appointed two directors at its EGM held on June 16, 2025. Dr. Satish Gaonkar (DIN: 11114859) has been appointed as Executive Director; he holds a Ph.D. in Polymer Chemistry and brings over 35 years of experience in emulsion polymers, paint formulations, and construction chemicals, including an 18-year stint at BASF across India, Indonesia, and China. Mr. Madhu T Ankleshwaria (DIN: 02753794) has been appointed as a Non-Executive Independent Director; he is a practicing Chartered Accountant since 1976 and a former professor with deep expertise in auditing and taxation, currently serving on boards of DMCC Speciality Chemicals and Avik Pharmaceuticals. Both appointments are effective June 16, 2025, and were disclosed under Regulation 30 of SEBI (LODR) Regulations.
The appointments strengthen the board with deep technical expertise in the company's core adhesive/chemicals domain and add an experienced independent director for governance oversight, which is generally viewed positively by shareholders.