Management Change25 Apr 2026, 11:21 pm
Vinyl Chemicals: Madhukar Parekh Re-appointed as MD
AI Summary
Vinyl Chemicals (India) Ltd. announces the re-appointment of Shri Madhukar Parekh as Managing Director for a further period of 5 years effective April 1, 2027, and the re-appointment of Shri Prakash Shah as an Independent Director for a second consecutive term of 5 years effective October 6, 2026, subject to shareholder approval. The appointments were approved at the Board of Directors meeting held on April 24, 2026, based on the recommendation of the Nomination and Remuneration Committee.
Key Highlights
- Madhukar Parekh re-appointed as Managing Director for 5 years from April 1, 2027.
- Prakash Shah re-appointed as Independent Director for 5 years from October 6, 2026.
- Appointments are subject to shareholders' approval.
- Madhukar Parekh has over 55 years of experience in sales, marketing, and management.
- Prakash Shah has over 4 decades of experience in commercial, real estate, and tax litigation.
Price Impact
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