Poddar Pigments Limited has informed the Exchange regarding Change in Director(s) of the company.
PODDARMENT · price
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Awaiting price reaction for this filing.
Poddar Pigments Limited has appointed Shri Visvanathan Muthukumar (DIN: 00584405) as an Additional Director in the Non-Executive Independent Director category, effective 27th February 2026. His term runs until 30th September 2030, subject to shareholder approval. Mr. Muthukumar is a qualified Chartered Accountant with over four decades of experience in finance, taxation, and MIS, having held senior leadership roles at Larsen & Toubro and the Murugappa Group. He currently serves in a senior position at Ambattur Clothing Company and is also a Director at Avighna Systems Private Limited. The appointment was recommended by the Nomination and Remuneration Committee, and he is not debarred from holding directorship by any SEBI order.
This is a routine independent director appointment that strengthens the board with seasoned financial and governance expertise. It is unlikely to have a material impact on the stock price, but it may be viewed positively by investors focused on board quality and independent oversight.