StockWatch
·
Carbon Black
Management Change13 Oct 2026, 05:30 pm

PCBL Chemical Ltd: Reappoints T. C. Suseel Kumar as Independent Director

AI Summary

PCBL Chemical Ltd has announced the reappointment of Mr. Tharavanat Chandrasekharan Suseel Kumar (T. C. Suseel Kumar) as a Non-Executive Independent Director. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved his reappointment for a second term of five years, commencing from October 27, 2026, to October 26, 2031. This reappointment is subject to the approval of the company's shareholders through a Special Resolution via Postal Ballot. Mr. Kumar, who retired as MD of LIC in January 2021, brings extensive experience in insurance and finance, having held senior positions and served on the boards of various prominent companies. He is not related to any existing Directors, Key Managerial Personnel, or Promoters of PCBL Chemical Ltd and is not debarred from holding a director's office.

Key Highlights

  • Mr. T. C. Suseel Kumar reappointed as Independent Director.
  • Second term of five years from Oct 27, 2026, to Oct 26, 2031.
  • Reappointment subject to shareholder approval via postal ballot.
  • Director brings extensive experience from LIC and other financial institutions.
  • No relationship with company directors, KMPs, or promoters.