
Board Meeting14 May 2026, 07:51 pm
Pricol: Vanitha Mohan Resigns, Vikram Mohan Appointed Chairman
AI Summary
Pricol Ltd's board meeting on May 14, 2026, approved several key decisions, including fixing the AGM date, treating the interim dividend as final for FY26, and the resignation of Mrs. Vanitha Mohan as Chairman. Mr. Vikram Mohan was appointed as Chairman & Managing Director. Ms. Madhura Mohan and Mr. Siddharth Manoharan were appointed as Executive Director and Group Executive Director, respectively, subject to shareholder approval. The board also re-appointed Mr. G. Sivagurunathan as Cost Auditor and approved additional corporate guarantees of up to ₹150 Crores for Pricol Precision Products Private Limited.
Key Highlights
- Vanitha Mohan resigned as Chairman, effective May 14, 2026.
- Vikram Mohan appointed Chairman & Managing Director on May 14, 2026.
- Madhura Mohan appointed Executive Director, subject to shareholder approval.
- Siddharth Manoharan appointed Group Executive Director, subject to shareholder approval.
- Additional Corporate Guarantee of ₹150 Cr approved for Pricol Precision Products Private Limited.