Pursuant to recommendation of Nomination and Remuneration Committee, Board at its meeting held on 5 May 2025 have appointed Mr. Mukesh Malhotra as Additional Independent DIrector of the ....
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Sunshield Chemicals has appointed Mr. Mukesh Malhotra (DIN: 01131063) as an Additional Independent Director on its Board, effective May 5, 2025, for a period of 5 years subject to shareholder approval. Mr. Malhotra is a Chartered Accountant and alumnus of Shri Ram College of Commerce with over four decades of experience across industrial products, automotive components, and specialty chemicals. He has held leadership roles in multinational corporations and is actively involved with the Indian Chemical Council (ICC) and FICCI's National Executive Committee. The appointment was made on the recommendation of the Nomination and Remuneration Committee. Mr. Malhotra is not related to any existing directors and is not debarred by SEBI from holding directorship.
This is a routine governance update that strengthens the board with an experienced industry veteran, likely viewed as neutral to mildly positive for shareholders given his strong chemical sector credentials.