Management Change20 May 2026, 03:01 pm
Borosil Scientific Re-appoints Vinayak Patankar as Whole-Time Director
AI Summary
Borosil Scientific Ltd has re-appointed Mr. Vinayak Madhukar Patankar as Whole-time Director & CEO for a period of 3 years effective from December 2, 2026, subject to shareholder approval. The board also approved audited financial statements and results for the year ended March 31, 2026, and authorized seeking shareholder approval to raise up to ₹250 crores. Mr. Sanjay Gupta resigned as Company Secretary and Compliance Officer, and Mr. Ramavtar Sharma was appointed in his place, effective May 21, 2026.
Key Highlights
- Vinayak Madhukar Patankar re-appointed as Whole-time Director & CEO for 3 years.
- Board approved audited financial results for the year ended March 31, 2026.
- Company to seek approval to raise up to ₹250 crores.
- Sanjay Gupta resigned as Company Secretary and Compliance Officer.
- Ramavtar Sharma appointed as Company Secretary & Compliance Officer.
Price Impact
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