Management Change1 Oct 2026, 05:20 pm
National Peroxide Ltd: CEO Rajiv Arora Resigns, Vinay Jayade Appointed
AI Summary
National Peroxide Limited announced a significant management change following a Board Meeting held on October 01, 2026. Mr. Rajiv Arora has resigned from his positions as Whole-Time Director and Chief Executive Officer (CEO), effective November 02, 2026. He will continue until this date to ensure a smooth transition. Concurrently, the Board has approved the appointment of Mr. Vinay Divakar Jayade as the new CEO and Whole-Time Director, effective November 3, 2026, for a term of 5 years, subject to shareholder approval. Mr. Jayade will serve as CEO & Whole-Time Director (Designate) from October 1, 2026, working closely with Mr. Arora during the transition period.
Key Highlights
- CEO & Whole-Time Director Rajiv Arora resigns, effective Nov 2, 2026.
- Vinay Divakar Jayade appointed as new CEO & Whole-Time Director.
- Jayade's appointment is effective Nov 3, 2026, for a 5-year term.
- Jayade will act as Designate CEO from Oct 1, 2026, for transition.
- Shareholder approval is required for Jayade's appointment.
Price Impact
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