StockWatch
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Plastic Products - Industrial
Board Meeting6 Aug 2026, 02:49 pm

Tainwala Chemicals Approves Director Appointments & Auditor Change

AI Summary

Tainwala Chemicals and Plastics (India) Ltd announced board approvals for key appointments and re-appointments. Mr. Alpesh Jagdishbhai Nayak has been appointed as a Non-Executive Independent Director for a five-year term starting September 3, 2026. M/s. SDBA & Co. will take over as Statutory Auditors from M/s. GMJ & Co. for a term from the conclusion of the 41st to the 46th Annual General Meeting. Additionally, Mr. Ramesh Tainwala has been re-appointed as Chairman and Managing Director for a second five-year term from August 9, 2027, without remuneration. Mr. Devendra Saligram Anand and Mr. Uday Ramniklal Mehta have also been re-appointed as Non-Executive Independent Directors for second five-year terms.

Key Highlights

  • Alpesh Jagdishbhai Nayak appointed Non-Executive Independent Director.
  • SDBA & Co. appointed as new Statutory Auditors.
  • Ramesh Tainwala re-appointed as Chairman and MD for second term.
  • Devendra Saligram Anand and Uday Ramniklal Mehta re-appointed as Independent Directors.