Management Change19 May 2026, 09:41 pm
PI Industries: Rajnish Sarna Resigns as Joint MD
AI Summary
PI Industries Ltd. announced changes in management, including the resignation of Mr. Rajnish Sarna as Joint Managing Director, effective May 19, 2026. He will continue as a Non-Executive, Non-Independent Director. The board also designated Ms. Lisa J Brown as the Lead Independent Director and Dr. Marco Busch as Senior Management Personnel. Additionally, Mr. Arvind Singhal will retire at the upcoming AGM, and several directors are proposed for re-appointment, subject to member approval.
Key Highlights
- Rajnish Sarna resigned as Joint Managing Director, continuing as Non-Executive Director.
- Lisa J Brown designated as Lead Independent Director.
- Arvind Singhal to retire at the upcoming AGM.
- Dr. Marco Busch designated as Senior Management Personnel.
- Re-appointment of Rafael Del Rio Donoso and Shobinder Duggal proposed.
Price Impact
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