Pasupati Acrylon Limited has informed the Exchange regarding Appointment of Mr Sudhir Agarwal as Independent Director of the company w.e.f. September 01, 2025.
PASUPTAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pasupati Acrylon Limited has informed the stock exchanges about the appointment of two new Non-Executive Independent Directors on its board, effective September 1, 2025. The directors appointed are Mr. Sudhir Agarwal (DIN: 08602216), a chemical engineer with over 39 years of experience in chemical and process industries, and Mr. Sanjiv Nair (DIN: 08005379), a retired IAS officer who served as Additional Chief Secretary of Uttar Pradesh. Both have been appointed as Additional Directors for a 5-year term ending August 31, 2030, and their appointment will be placed before shareholders for approval by special resolution at the next AGM. The appointments were recommended by the Nomination and Remuneration Committee and approved at the board meeting held on August 13, 2025. The company confirmed both individuals meet independence criteria and are not debarred by SEBI or any other authority.
This is a routine governance announcement that strengthens the board with experienced professionals, including a domain expert in the company's core chemical business. No material impact on stock price is expected, but it reflects proactive board renewal.