Lead Reclaim And Rubber Products Limited Appoints Directors and Plans Dubai Subsidiary
Lead Reclaim And Rubber Products Limited has approved key appointments to its Board of Directors while also greenlighting plans for the incorporation of a wholly owned subsidiary in Dubai. These decisions were made during the company’s recent Board meeting.The Board of Directors approved the appointment of Mr. Jainish Rajeshbhai Parikh and Mr. Priteshkumar Patil as Additional Independent Directors (AIDs). The appointments, which are subject to member approval, carry a term of five years and are effective from August 11, 2026.
In addition to bolstering its board composition with two new AIDs, the company has approved the proposal to incorporate a wholly owned subsidiary in Dubai as part of its growth strategy.
The appointees bring significant experience in finance and corporate governance. Mr. Jainish Rajeshbhai Parikh is a Fellow Chartered Accountant with extensive specialization in Direct Taxation and Corporate Advisory. Meanwhile, Mr. Priteshkumar Patil joins the board, possessing over 17 years of leadership experience spanning various sectors including multinational corporations and technology enterprises.
The details regarding the appointments and profiles are summarized below:
| Detail | Mr. Jainish Rajeshbhai Parikh | Mr. Priteshkumar Patil |
|---|---|---|
| Role | Additional Independent Director | Additional Independent Director |
| Date of Appointment | August 11, 2026 | August 11, 2026 |
| Term | Five years (subject to members' approval) | Five years (subject to members' approval) |
| Brief Profile | Fellow Chartered Accountant and Managing Partner of Chirag R. Shah & Associates, specializing in Direct Taxation, Forensic Accounting, and Corporate Governance. | Experienced professional with over 17 years in Strategy, Digital Transformation, and Corporate Governance across government, PSU, and multinational corporations. |
| Confirmation Status | Confirmed that he has no relationship with existing directors and is not debarred by any authority. | Confirmed that he has no relationship with existing directors and is not debarred by any authority. |
LRRPL Stock Price Movement
Lead Reclaim and Rubber Products Limited stock closed today by edging up to ₹85.00, marking a 0.47% gain as the equity gained ₹0.40 in trading. This positive momentum was supported by a traded volume of 4,500 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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