Independent Director Steps Down at PCBL Chemical Ltd; Umang Kanoria Appointed to Audit Committee
PCBL Chemical Limited has seen a transition in its governance structure, announcing the cessation of an Independent Director and the induction of a new member onto the company’s Audit Committee.Mr. R K Agarwal (DIN: 00416964) concluded his tenure as an Independent Director of PCBL Chemical Ltd. His departure was effective from the close of business hours on July 25, 2026. Along with his role as an Independent Director, he also ceased to be a Member of the Audit Committee and the Sustainability and Risk Management Committee. The Board noted its appreciation for his contributions during his tenure.
In a move toward committee restructuring, Mr. Umang Kanoria (DIN: 00081108) has been inducted as a Member of the Audit Committee. This appointment followed the recommendation of the Nomination and Remuneration Committee and was approved by a Circular Resolution passed by the Board of Directors on July 25, 2026.
The composition of the reconstituted Audit Committee includes:
| Role | Director Name |
|---|---|
| Chairman (Independent Director) | Mr. T C Suseel Kumar |
| Member (Independent Director) | Dr. S Ravi |
| Member (Independent Director) | Mr. Umang Kanoria |
PCBL Stock Price Movement
On Friday, PCBL Chemical Limited shares slipped by 0.22%, concluding trading at ₹317.9 after shedding ₹0.70 from the previous close. The stock saw a total traded volume of 1,308,687 shares during the session.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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