StockWatch
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Petrochemicals
Management Change28 Sept 2026, 06:01 pm

Amtech Esters Appoints Chandresh Dobariya, Paras Suri Resigns

AI Summary

Amtech Esters Ltd has announced a change in its board composition. Mr. Chandresh V. Dobariya has been appointed as an Additional Director in the capacity of an Independent Director, effective September 28, 2026. This appointment is subject to shareholder approval at the next Annual General Meeting. Concurrently, Mr. Paras Suri has resigned from his position as an Independent Director. The company's filing details the duties and expectations for an Independent Director as per the Companies Act, 2013, emphasizing fiduciary responsibilities and adherence to corporate governance standards.

Key Highlights

  • Chandresh V. Dobariya appointed as Additional Independent Director.
  • Paras Suri resigns as Independent Director.
  • Appointment effective September 28, 2026, pending AGM approval.
  • Focus on director's fiduciary duties and corporate governance.