
Management Change27 Aug 2026, 04:40 pm
Indo Euro Indchem Appoints Paresh Shah, Akshit Lakhani Resigns
AI Summary
Indo Euro Indchem Limited announced a change in its board of directors following a board meeting held on August 27, 2026. Mr. Paresh Shah has been appointed as a Whole-time Director for a period of five years, subject to shareholder approval. Concurrently, Mr. Akshit Lakhani has resigned from his position as Whole-time Director due to personal commitments. Mr. Lakhani will also step down from his roles in the Audit Committee and Stakeholders Relationship Committee. The company has provided detailed profiles and disclosures as per SEBI regulations.
Key Highlights
- Paresh Shah appointed Whole-time Director for 5 years.
- Akshit Lakhani resigns as Whole-time Director.
- Lakhani also exits Audit and Stakeholders committees.
- Appointments and resignations effective August 27, 2026.
- Shareholder approval required for Shah's appointment.
Price Impact
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