Management Change11 Aug 2026, 01:17 pm
Reliance Chemotex MD Sanjiv Shroff Re-appointed for 3 Years
AI Summary
Reliance Chemotex Industries Ltd. announced the re-appointment of Mr. Sanjiv Shroff as Managing Director for a further period of 3 years, effective September 1, 2026, to August 31, 2029. This decision was approved by the Board of Directors on August 11, 2026, and is subject to shareholder approval. Mr. Shroff, who has been with the company since 1983 and served as MD since 1988, is credited with significant growth and operational expertise. He is not debarred from holding directorship by any authority. His sons, Mr. Rahul Shroff and Mr. Ameya Shroff, are also Whole-time Directors.
Key Highlights
- Sanjiv Shroff re-appointed as MD for 3 years.
- Term effective September 1, 2026, to August 31, 2029.
- Re-appointment requires shareholder approval.
- Mr. Shroff has extensive experience since 1988.
- No debarment from directorship by authorities.
Price Impact
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