
Management Change13 Aug 2026, 01:14 pm
Advance Petrochemicals: Director Resignations Noted, New Director Appointed
AI Summary
Advance Petrochemicals Ltd announced a board meeting held on August 11, 2026. The board noted the resignations of Mr. Akshat Shukla as Non-Executive Independent Director and Mr. Arvind Vishwanath Goenka as Non-Executive Director, both effective August 11, 2026. Concurrently, the board approved the appointment of Mr. Priyank Dilipbhai Parikh as an Additional Director in the category of Non-Executive Independent Director for a term of five years, subject to member approval at the upcoming AGM. The meeting also covered the approval of standalone unaudited financial results for Q1 FY27, the notice for the 41st AGM, and the draft Directors' Report for FY26.
Key Highlights
- Mr. Akshat Shukla resigned as Non-Executive Independent Director.
- Mr. Arvind Vishwanath Goenka resigned as Non-Executive Director.
- Mr. Priyank Dilipbhai Parikh appointed as Non-Executive Independent Director.
- Standalone Unaudited Financial Results for Q1 FY27 approved.
- Board meeting also approved AGM notice and Directors' Report.
Price Impact
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