Sumitomo Chemical India Limited has informed the Exchange regarding 'Intimation of appointment of Chief Financial Officer (CFO) Disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.'.
SUMICHEM · price
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On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.8 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sumitomo Chemical India has re-appointed Mr. Anil Nawal as its Chief Financial Officer with effect from 15th August 2025. Mr. Nawal had stepped down upon reaching the company's retirement age but has been brought back as CFO under the same terms. He is a qualified Chartered Accountant and Company Secretary with 37 years of experience in finance, tax, and allied laws, and has been serving as the company's CFO since 2019. The decision was taken by the Board of Directors at its meeting held on 4th August 2025.
This is a continuity move — shareholders should view it as a positive signal since the experienced CFO is being retained, ensuring stability in financial leadership and no disruption to ongoing strategy or reporting.