StockWatch
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Specialty Chemicals
Board Meeting18 May 2026, 03:36 pm

Diamines & Chemicals Board Approves Key Appointments

AI Summary

The Board of Directors of Diamines & Chemicals Ltd approved the reappointment of Mr. Tanmay Godiawala as Executive Director and Mr. Rajendra Chhabra as Non-Executive Director. It also approved Mr. Chhabra's remuneration exceeding 50% of total non-executive director compensation for FY26-27 and 27-28. Additionally, the board appointed M/s S S Puranik & Associates as Cost Auditor, M/s CNK & Associates LLP as Internal Auditors, and M/s. K. C. Mehta & Co. LLP as Tax Auditors for FY 2026-27. The board also approved remuneration payable to Non-Executive Directors by way of commission on net profits for FY 2026-27 to 2030-31.

Key Highlights

  • Mr. Tanmay Godiawala reappointed as Executive Director for 3 years from Feb 6, 2027.
  • Mr. Rajendra Chhabra reappointed as Non-Executive Director for 3 years from Nov 6, 2026.
  • Remuneration approved for Mr. Chhabra exceeding 50% of non-executive director compensation.
  • M/s S S Puranik & Associates appointed as Cost Auditor for FY 2026-27.
  • Trading window closed from April 1, 2026, and will open on May 21, 2026.