
Management Change1 Oct 2026, 05:30 pm
National Peroxide Ltd: CEO & Whole-Time Director Resigns, Successor Appointed
AI Summary
National Peroxide Limited announced changes in its top management. Mr. Rajiv Arora has resigned as Whole-Time Director & CEO, effective November 2, 2026, to facilitate an orderly transition. The Board has approved the appointment of Mr. Vinay Divakar Jayade as the new Chief Executive Officer and Whole-Time Director, effective November 3, 2026, for a term of 5 years, subject to shareholder approval. Mr. Jayade will serve as Designate CEO & Director from October 1, 2026, working closely with Mr. Arora during the transition period. Mr. Jayade is not debarred from holding a director's office by any regulatory authority.
Key Highlights
- Rajiv Arora resigns as CEO & Whole-Time Director.
- Vinay Divakar Jayade appointed as new CEO & Whole-Time Director.
- Jayade's appointment is for 5 years, subject to shareholder approval.
- Transition period for smooth handover of responsibilities.
- No regulatory debarment for the appointed CEO.
Price Impact
More from NPL