StockWatch
·
Commodity Chemicals
Management Change4 Nov 2026, 01:00 pm

Andhra Petrochemicals Reconstitutes Nomination and Remuneration Committee

AI Summary

Andhra Petrochemicals Ltd announced the reconstitution of its Nomination and Remuneration Committee (NRC). Sri M Gopalakrishna, I.A.S., (Retd) has been appointed as the new Chairman of the NRC, succeeding Sri G S V Prasad who resigned on September 24, 2026. Additionally, Sri P Venkateswara Rao has been inducted as a Member of the committee. The board meeting where these changes were approved commenced at 10:30 a.m. and concluded at 12:30 p.m. on November 4, 2026. The filing also included un-audited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report from the statutory auditors.

Key Highlights

  • Sri M Gopalakrishna appointed Chairman of Nomination and Remuneration Committee.
  • Sri P Venkateswara Rao inducted as a Member of the NRC.
  • Sri G S V Prasad resigned as Chairman of the NRC.
  • Changes effective from November 4, 2026.
  • Un-audited financial results for Q2 FY27 also filed.