Hindustan Adhesives Ltd Announces Changes in Board: Welcomes New Independent Director, Records Resignation
Hindustan Adhesives Ltd has made significant changes to its board structure following a meeting held on July 14, 2026. The company announced the appointment of Mr. Anil Mathur as an Additional Non-Executive Independent Director and recorded the resignation of Mr. Amit Sharma from the post.The Board of Directors approved the appointments and departures, which were based on recommendations by the Nomination and Remuneration Committee.
New Appointment: Mr. Anil Mathur Joins Board
Mr. Anil Mathur has been appointed as an Additional Non-Executive Independent Director of Hindustan Adhesives Ltd, effective July 14, 2026. The appointment carries a term of five years, subject to the approval of the company's shareholders.Mr. Mathur was welcomed by the Board for his expertise and professional background. He possesses 40 years of experience at a senior management level. His qualifications include a B.Com degree, and he holds knowledge in areas such as finance and accounting, taxation, administration, legal requirements, and corporate governance.
Details concerning Mr. Mathur's directorship are presented below:
| Detail | Information |
|---|---|
| Name and DIN | Mr. Anil Mathur (DIN: 07448336) |
| Role | Additional Non-Executive Independent Director |
| Date of Appointment | July 14, 2026 |
| Term Length | Five years (subject to shareholder approval) |
| Profile Summary | 40 years experience in senior management; B.Com Graduate; Knowledge across finance, taxation, legal, and governance. |
| Shareholding | He does not hold any shares in the company. |
Resignation of Mr. Amit Sharma
The Board acknowledged the resignation of Mr. Amit Sharma, who stepped down as a Non-Executive Independent Director, effective July 14, 2026. The Board placed on record its appreciation for the valuable contribution and guidance provided by Mr. Sharma during his tenure with the company.Mr. Sharma tendered his resignation due to other business engagements and is unable to dedicate the necessary time to the company's responsibilities. He confirmed that there are no material reasons for his departure apart from those stated in his resignation letter.
The change in directorship occurred following a Board meeting which commenced at 5:00 P.M. and concluded at 5:30 PM on July 14, 2026.
Stock Price Movement
Hindustan Adhesives Ltd shares settled at ₹263.65, shedding 0.26% in today's trading session. The stock moved throughout the day between a low of ₹260.80 and an intraday high of ₹267.00.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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