Management Change27 Aug 2026, 04:23 pm
Indo Euro Indchem Appoints Paresh Shah, Akshit Lakhani Resigns
AI Summary
Indo Euro Indchem Limited announced the appointment of Mr. Paresh Shah as Whole-time Director for a period of five years, effective August 27, 2026, subject to shareholder approval. The company also accepted the resignation of Mr. Akshit Lakhani from the position of Whole-time Director, effective August 27, 2026, due to personal commitments. Consequently, Mr. Lakhani will also step down from the Audit Committee and Stakeholders Relationship Committee. The board meeting was held on August 27, 2026.
Key Highlights
- Paresh Shah appointed Whole-time Director for five years.
- Akshit Lakhani resigns as Whole-time Director.
- Lakhani also ceases as Audit Committee member and Stakeholder Committee Chairman.
- Appointments and resignations are effective August 27, 2026.
- Shareholder approval needed for Shah's appointment.
Price Impact
More from INDOEURO