Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Appointment of Mr SUMIT JAIN as Non- Executive Independent Director of the company w.e.f. April 09, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shankar Lal Rampal Dye-Chem Limited held a board meeting on April 9, 2026, where it noted the resignation of Mr. Murli Atal as Independent Director (effective March 26, 2026) and approved the appointment of Mr. Sumit Jain as Additional Independent Director for a 5-year term (April 9, 2026 to April 8, 2031), subject to shareholder approval via postal ballot. Mr. Sumit Jain holds a B.Pharm degree and brings expertise in chemical standards and pharmaceutical-grade quality control. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee effective April 8, 2026. Additionally, omnibus approval was granted for related party transactions for FY 2026-27, and statutory policies including the Whistle Blower Policy and Code of Conduct were reviewed and updated.
Routine board governance reshuffle with one independent director exit and one new independent director entry; neutral to mildly positive as it strengthens the independent director bench. Shareholders will vote on the new appointment via postal ballot, and committee composition changes may affect oversight dynamics going forward.