Rex Pipes And Cables Industries Limited Regularizes Director Appointment in Board Meeting
Rex Pipes And Cables Industries Limited has approved the regularization of Mr. Varun Kacholia, a Non-Executive Independent Director, during its recent Board meeting held on July 21, 2026.The appointment formalizes Mr. Kacholia’s role as an Additional Director (Non-Executive Independent Director) and will be confirmed upon approval by the shareholders at the upcoming Annual General Meeting. The regularization is effective from January 30, 2026.
Mr. Varun Kacholia is highly experienced in finance and corporate advisory, bringing over 17 years of post-qualification experience as an Investment Banker. His expertise covers due diligence, execution of public issues, business restructuring, and corporate advisory services, ensuring compliance with SEBI regulations and applicable corporate laws.
Mr. Varun Kacholia's Profile and Experience
The company released details regarding the director’s background, highlighting his significant achievements in the financial and industrial sectors:| Particulars | Details |
|---|---|
| Name | Mr. Varun Kacholia (DIN- 05190391) |
| Role | Non-Executive Independent Director |
| Date of Regularization | Effective from January 30, 2026 |
| Professional Background | Investment Banker with over 17 years of experience in due diligence, public issues execution, business restructuring, and corporate advisory. |
Mr. Kacholia’s professional achievements include providing listing advisory for several prominent companies:
- Venus Pipes & Tubes Limited (SS Pipe and MS Pipe segment), which achieved Fastest Subscribed IPO status by the Golden Book of World Records.
- JNK India Limited (EPC Heater segment), supporting the establishment of India's first Hydrogen Fuel Station pilot project in association with a Government of India PSU.
- Denta Water and Infra Solutions Limited (groundwater revitalization sector).
Additionally, he has undertaken valuation assignments for Staples India Limited, Glint Infra Projects (Subsidiary of Sunteck Realty), Sutlej industries Limited, and AGC Networks. Mr. Kacholia's exposure also includes companies such as Chalet Hotels (ESOP), VLCC India Limited, Elpro International Limited, SMC Global, Embibe (Reliance Jio Group), Medikabazdar, and Godrej Meximilk (Godrej Group).
The company confirmed that there were no applicable relationships regarding the appointment of Mr. Kacholia.
REXPIPES Stock Price Movement
Today, Rex Pipes And Cables Industries Limited shares closed at ₹171, holding steady with no price movement following the close of trading. The stock saw a transaction quantity of 1000 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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