PCBL Chemical appoints Vaneet Kumar as Chief – Batteries

1 min read     Updated on 10 Jun 2026, 01:14 AM
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PCBL Chemical Limited has appointed Mr. Vaneet Kumar as Chief – Batteries and Executive Director effective June 9, 2026, to bolster its energy storage and battery technology capabilities. Kumar brings over 20 years of experience, including roles at SVOLT Energy Technology and Adani New Industries Ltd. The appointment was disclosed under Regulation 30 of the SEBI Listing Regulations.

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PCBL Chemical Limited has appointed Mr. Vaneet Kumar as Chief – Batteries and Executive Director, effective June 9, 2026, to strengthen its capabilities in the energy storage and battery technology sectors. The strategic leadership addition aims to drive innovation in these critical areas as the company advances its technological initiatives.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that the term of appointment is not applicable as Kumar is in full-time employment with the organization. The disclosure was submitted to the National Stock Exchange of India Ltd and BSE Ltd.

Executive Profile

Mr. Vaneet Kumar brings over 20 years of industry experience in energy storage, the automotive sector, and leading innovation in battery technology. His professional background includes significant tenures with SVOLT Energy Technology, ACME Cleantech Solution Pvt. Ltd, and Great Wall Motors Pvt. Ltd. Most recently, he served as SVP & CTO - Battery with Adani New Industries Ltd.

Kumar holds a B.Tech in Instrumentation Engineering from Punjab Technical University and an M.Tech in Instrumentation from IIT Bombay. The company confirmed there are no disclosure requirements regarding relationships between Directors in this instance.

Appointment Details

Particulars Details
Reason for change Appointment
Date of appointment June 9, 2026
Designation Chief – Batteries | Executive Director
Term of appointment Not applicable (full-time employment)

Historical Stock Returns for PCBL Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.14%-1.41%-6.21%-8.01%-30.33%+148.40%

What specific battery technology segments does PCBL plan to prioritize under Mr. Kumar's leadership?

How will this strategic hire impact PCBL's capital expenditure plans for the energy storage division?

Does PCBL intend to form partnerships with automotive manufacturers to integrate its new battery capabilities?

Saregama declares no encumbrance on PCBL Chemical shares in FY26

1 min read     Updated on 06 Jun 2026, 02:23 PM
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Saregama India Limited disclosed to stock exchanges on April 7, 2026, that it held NIL shares in PCBL Chemical Limited as of March 31, 2026. The company confirmed that no encumbrance was made on these shares during FY26, complying with SEBI SAST Regulations.

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Saregama India Limited has confirmed that it did not create any encumbrance on shares held in PCBL Chemical Limited during the financial year 2025-26. The disclosure, submitted to the stock exchanges on April 7, 2026, is in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration ensures transparency regarding the promoter group's holdings and any potential charges against them.

As per the filing, Saregama India Limited's Promoter Group held NIL shares of pcbl chemical as of March 31, 2026. Consequently, the company stated that no encumbrance was made on the said shares, either directly or indirectly, throughout the financial year. The disclosure was signed by Nayan Misra, Company Secretary of Saregama India Limited.

Key Disclosure Details

The following table summarizes the key details of the regulatory filing:

Particulars Details
Regulation Regulation 31(4) of SEBI SAST Regulations, 2011
Target Company PCBL Chemical Limited
CIN L23109WB1960PLC024602
Shares Held as on March 31, 2026 NIL
Encumbrance Status in FY26 No encumbrance made
Filing Date April 7, 2026

The filing was addressed to the Listing Departments of BSE Limited and NSE India Limited. A copy was also marked to the Audit Committee and Company Secretary of PCBL Chemical Limited. The confirmation of no encumbrance provides clarity to shareholders regarding the status of the promoter group's assets.

Historical Stock Returns for PCBL Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.14%-1.41%-6.21%-8.01%-30.33%+148.40%

Does Saregama India Limited plan to divest its remaining stake in PCBL Chemical Limited entirely in the near future?

How will the zero promoter holding impact Saregama's strategic relationship with PCBL Chemical moving forward?

Could this disclosure signal a potential restructuring of assets within the Saregama promoter group?

More News on PCBL Chemical

1 Year Returns:-30.33%