Pricol Limited informed the stock exchange about resignation of Mrs. Vanitha Mohan from the Board.
PRICOLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pricol Limited announced that Mrs. Vanitha Mohan resigned as Chairman and Director after 35 years with the company, effective 14th May 2026. She cited stepping down to contribute to larger societal good as her reason, confirming no other underlying issues. Mr. Vikram Mohan, previously Managing Director, has been appointed Chairman & Managing Director. Ms. Madhura Mohan, a third-generation promoter family member, was appointed as Executive Director. Mr. Siddharth Manoharan was also appointed as Group Executive Director. The company reported strong FY26 results with consolidated revenue of ₹3,963.85 crores, up 51.24% YoY, and PAT of ₹250.80 crores. Additionally, the Board approved a corporate guarantee of ₹150 crores for its wholly-owned subsidiary.
The leadership transition appears smooth and planned, with control remaining within the promoter family. The strong financial performance and succession to a seasoned executive (Vikram Mohan) should provide stability, though investors may watch for the new directors' contributions.