Pricol Limited has informed the Exchange regarding Appointment of Mr.Siddharth Manoharan as Additional Director and Whole time Director with the designation Group Executive Director w.e.f. May 14, 2026.
PRICOLLTD · price
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Pricol Limited's Board meeting on May 14, 2026 approved several key changes. Mrs. Vanitha Mohan resigned as Chairman after 35 years with the company, with Mr. Vikram Mohan (her son) appointed as Chairman & Managing Director. Ms. Madhura Mohan, a third-generation member of the promoter family, was appointed as Executive Director. Mr. Siddharth Manoharan was appointed as Group Executive Director. The company also posted strong FY26 results with consolidated revenue of Rs 3,963.85 crore, up 51.24% YoY, and PAT of Rs 250.80 crore. The Board fixed the 15th AGM for August 5, 2026 and approved an additional corporate guarantee of Rs 150 crore for its wholly-owned subsidiary.
The leadership transition, with a promoter family member joining the board, signals continuity in family control and governance. Strong financial results with over 50% revenue growth provide a positive backdrop to this transition.