PI Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
PIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PI Industries Limited held its Board meeting on May 19, 2026 approving multiple items. Financially, the company reported audited standalone results with total income of Rs 64,904 million for FY26. The Board recommended a final dividend of Rs 10 per share, taking total dividend for FY26 to Rs 15 per share. Key director changes include: Mr. Rajnish Sarna resigned as Joint Managing Director but continues as Non-Executive Non-Independent Director; Ms. Lisa J Brown was designated as Lead Independent Director; Mr. Arvind Singhal will retire at the ensuing AGM (not seeking re-appointment); Dr. Marco Busch (Global Chief Scientific Officer) was designated as Senior Management Personnel; and Dr. Atul Kumar Gupta was appointed as Additional Director in Executive Category (proposed Whole-time Director for 3 years). Three independent directors (Mr. Shobinder Duggal, Ms. Pia Singh, Mr. Rafael Del Rio Donoso) are proposed for re-appointment.
The resignation of Mr. Rajnish Sarna from the Joint Managing Director role while continuing as a Non-Executive Director represents a significant change in leadership structure. The company maintained steady financials with a total dividend of Rs 15 per share. Shareholders should note the upcoming AGM for approval of new appointments and dividend.