Haryana Leather Chemicals Ltd plans to extend Pankaj Jain as Chairman and Managing Director after turning 70
The Board of Directors of Haryana Leather Chemicals Limited has addressed the continuation of Mr. Pankaj Jain as the Company’s Chairman and Managing Director upon him attaining the age of 70 years. The matter was transacted during a meeting held on August 8, 2026.The company is proposing that members approve a Special Resolution at the upcoming Annual General Meeting (AGM) to allow Mr. Jain to continue in his dual role even after reaching the mandated age limit. This proposal follows the status of him as a director who is liable to retire by rotation.
As part of the resolution, it was noted that Mr. Pankaj Jain remains eligible for the office of Director under regulatory guidelines.
Key details regarding the continuation and Mr. Jain’s profile are summarized below:
| Particular | Details |
|---|---|
| Reason for Change | Continuation of his role as Chairman & Managing Director after attaining age 70 years. |
| Date of Appointment Status | Continuation of Directorship as a Chairman and Managing Director who is liable to retire by rotation. |
| Date of Taking Charge | February 4, 2013. |
Mr. Jain, who has been with the company since February 4, 2013, was described as instrumental in the growth and diversification of Haryana Leather Chemicals Limited. He is credited with conceptualizing the establishment of the Company under his leadership, designing its organizational structure, work allocation, and overall control system. His efforts have guided the company toward global presence and recognition worldwide.
Stock Price Movement
As of 13:28, Haryana Leather Chemicals Ltd is ticking up significantly, trading shares at ₹66.64, which reflects an 8.36% gain. The stock navigated its day between a low of ₹62.00 and a high of ₹70.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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