PCBL Chemical Limited has informed the Exchange regarding Change in Director(s) of the company.
PCBL · price
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PCBL Chemical Limited has announced a leadership change at the top. Mr. Kaushik Roy has resigned as Managing Director effective 3rd November 2025, citing personal reasons. He also stepped down from his roles on the Sustainability and Risk Management Committee, CSR Committee, and Stakeholders Relationship Committee. The Board has appointed Mr. Nilesh Koul as the new Managing Director for a 5-year term, also effective 3rd November 2025, subject to shareholder approval via postal ballot. Mr. Koul brings 28 years of leadership experience, most recently serving as Senior President and CEO of Aluminium Downstream at Hindalco Industries. He has also worked at LafargeHolcim, Pidilite Industries, and British Petroleum/Castrol India, and is an IIM Ahmedabad graduate.
This is a significant leadership transition at PCBL Chemical. While the outgoing MD resigned for personal reasons (no governance concerns flagged), investors will be closely watching how Mr. Koul, an external hire with a strong track record in metals and industrial sectors, drives the company's strategy. The short notice and need for postal ballot approval add some interim uncertainty.