Management Change6 Aug 2026, 05:20 pm
Kesoram Industries: Board Approves Director Appointment, CEO Term Completion
AI Summary
Kesoram Industries Ltd announced that its Board of Directors, in a meeting held on August 6, 2026, approved several key management changes. Mr. Rishi Bajoria was appointed as a Non-Executive Independent Director. The term of Mr. P Radhakrishnan as Wholetime Director and CEO will conclude on August 7, 2026. Additionally, the board accepted the resignation of Mr. Vineet Rai as CEO of Cygnet Industries Limited, a material subsidiary, effective August 6, 2026, and Ms. Snehaa Shaw as Company Secretary and Compliance Officer, effective August 6, 2026. The meeting also confirmed that Mr. Bajoria is not debarred by any regulatory authority from holding a director position.
Key Highlights
- Rishi Bajoria appointed as Non-Executive Independent Director.
- P Radhakrishnan's term as Wholetime Director & CEO concludes.
- Vineet Rai resigns as CEO of material subsidiary Cygnet Industries.
- Snehaa Shaw resigns as Company Secretary and Compliance Officer.
- Rishi Bajoria confirmed not debarred by SEBI or other authorities.
Price Impact
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