Re-appointment of Mr. Parthiv T Kilachand as Managing Director of the Company for the period of 3 years wef 1st April, 2026.
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Polychem Ltd has announced the re-appointment of Mr. Parthiv T. Kilachand (DIN 00005516) as Managing Director for a fresh 3-year term beginning April 1, 2026. Mr. Kilachand has been with the company since November 1988 and has served as a Director since April 1997, bringing experience in management, marketing, and negotiations. The re-appointment is subject to shareholder approval through a postal ballot. Mr. Kilachand is part of the promoter Kilachand family — his father Mr. Tanil Kilachand is Chairman and his brother Mr. Nandish Kilachand is a Director. He is not debarred from holding the office of Director by any SEBI order or authority.
This is a continuity announcement — no change in leadership for shareholders. Promoter family continues to run the company, which may reassure investors seeking stable management, though the re-appointment still requires shareholder approval via postal ballot.