Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding change in Designation of Director of the Company.
SPIC · price
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SPIC has informed the stock exchange that Mr. K R Anandan (DIN: 00314502) has been re-designated as Whole-Time Director, effective 23rd March 2026 until 12th February 2029, subject to shareholder approval. He was originally appointed as Whole-Time Director (Finance) on 13th February 2026 for a 3-year term, and the change is essentially a title adjustment from 'Whole-Time Director (Finance)' to 'Whole-Time Director'. He will continue in his existing role as Chief Financial Officer of the company. Mr. Anandan is a Chartered Accountant, Cost Accountant, and Company Secretary with over 33 years of experience across fertilizers, petrochemicals, energy, and other sectors. The board meeting took place from 2:00 PM to 4:15 PM on 23rd March 2026.
This is a routine internal re-designation with no change in the person's role or responsibilities—he retains both the executive director position and the CFO role. Shareholders should note that the appointment is subject to their approval at a general meeting, but there is no material impact on the company's leadership or operations.