
Management Change9 Oct 2026, 06:16 pm
Chemplast Sanmar Appoints Prashanth Vasu as Non-Executive Director
AI Summary
Chemplast Sanmar Ltd announced the appointment of Mr. Prashanth Vasu (DIN: 11278134) as a Non-Executive and Non-Independent Director, effective October 9, 2026. This appointment fills the casual vacancy created by the resignation of Mr. V S Radhakrishnan. Mr. Vasu, 54, holds degrees from IIT Madras, Texas A&M University, and ISB Hyderabad. He previously served as President and SBU Head of Logistics & ERP at Ramco Systems and spent 18 years as a Partner with McKinsey & Company. He also serves on the boards of other public and private companies. Following this appointment, the board will comprise 5 Independent Directors and 3 Non-Independent Directors.
Key Highlights
- Mr. Prashanth Vasu appointed as Non-Executive, Non-Independent Director.
- Appointment effective October 9, 2026, filling a casual vacancy.
- Mr. Vasu has extensive experience from McKinsey & Company and Ramco Systems.
- Board composition now includes 5 Independent and 3 Non-Independent Directors.
Price Impact
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