UPL Limited Approves Re-appointment of Naina Lal Kidwai as Independent Director
The Board of Directors of UPL Limited has approved the proposal for the re-appointment of Ms. Naina Lal Kidwai as a Non-Executive, Independent Director. The appointment solidifies her role with the company for a second term spanning five consecutive years.The re-appointment is effective from October 01, 2026, and remains in place up to and including September 30, 2031, subject to the subsequent approval of the Company's shareholders. This decision was made following the recommendation of the Nomination and Remuneration Committee.
Ms. Kidwai brings extensive expertise to the board. She currently serves as the Chairperson and Senior Advisor of Rothschild & Co India, and holds advisory roles with Advent International Private Equity and TPG Rise private equity. Her experience includes serving as an Independent Director on the boards of Holcim SA, Biocon, and Gland Pharma, alongside her current role at UPL.
Her professional credentials are extensive, including a past presidency of the Federation of Indian Chambers of Commerce & Industry (FICCI). Ms. Kidwai retired as Executive Director on the board of HSBC Asia Pacific in December 2015 and stepped down from the global board of Nestle in April 2018. She is also a member of the INDO-ASEAN Business Council, the Punjab Innovation Mission Advisory Board, and has served on various advisory councils, including the International Advisory Council of Standard Chartered Bank.
In terms of affiliations, Ms. Naina Lal Kidwai is not related to any director currently serving on the Board of the Company. She is also confirmed not to be debarred from holding the office of director by any regulatory authority.
The details of the director's re-appointment are summarized below:
| Particulars | Details |
|---|---|
| Reason for Action | Re-appointment |
| Role | Non-Executive, Independent Director |
| Term Length | 5 years |
| Effective Period | October 01, 2026, to September 30, 2031 |
| Conflict of Interest | Not related to any Director on the Board |
UPL Stock Price Movement
Today, UPL Limited shares edged higher to close at ₹670.95, rallying 3.86% for the day. The stock was supported by a significant trading day, recording a total volume of 3.53 million shares.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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