Trading - Chemicals
Management Change9 April 2026 at 08:14 am

Shankar Lal Rampal Dye-Chem Ltd Appoints Sumit Jain as New Independent Director

AI Summary

Shankar Lal Rampal Dye-Chem Ltd has appointed Mr. Sumit Jain as an Additional Director in the capacity of Independent Director for a term of 5 consecutive years starting from 9th April, 2026. The appointment is subject to the approval of shareholders. Mr. Jain is a versatile professional with a background in Pharmacy and expertise in health sciences, which will contribute significantly to effective corporate governance and long-term value creation for stakeholders. The Board also granted omnibus approval for all planned Related Party Transactions for FY 2026-27 and reviewed key statutory policies to ensure alignment with regulatory changes.

Key Highlights

  • Appointment of Sumit Jain as new Independent Director
  • Jain's background in Pharmacy and health sciences
  • Omnibus approval for Related Party Transactions for FY 2026-27
  • Review of key statutory policies to ensure alignment with regulatory changes