
Management Change14 Aug 2026, 04:51 pm
Panchsheel Organics Appoints Kishor Turakhia as Managing Director
AI Summary
Panchsheel Organics Ltd announced a change in designation for Mr. Kishor Abhaychand Turakhia from Whole-time Director to Managing Director. This decision was approved by the Board of Directors on August 14, 2026, following a recommendation from the Nomination and Remuneration Committee. The appointment is effective from August 14, 2026, for a tenure of five years, subject to shareholder approval at the upcoming General Meeting. Mr. Turakhia, a promoter with over 40 years of experience in the pharmaceutical and finance sectors, will continue to oversee business development and growth strategies. He holds 21,21,772 equity shares in the company and is not debarred from holding a director position.
Key Highlights
- Kishor Turakhia appointed Managing Director for a 5-year term.
- Appointment effective August 14, 2026, pending shareholder approval.
- Turakhia has over 40 years of experience in pharma and finance.
- He holds 21,21,772 equity shares in Panchsheel Organics.
Price Impact
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