Reliance Chemotex Industries Limited has approved the re-appointment of Sanjiv Shroff as its Managing Director for a further period of three years, signaling continuity in its leadership structure. The Board of Directors made the decision during a meeting held on August 11, 2026, via video conferencing. The new term commences on September 1, 2026, and concludes on August 31, 2029. This appointment requires final approval from the shareholders of the company.

The resolution was passed pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:45 A.M. and concluded at 12:30 P.M. Chandrasekaran Rajagopalan, CFO cum Company Secretary and Compliance Officer, signed the disclosure submitted to the Bombay Stock Exchange and the National Stock Exchange of India.

Leadership Continuity

Sanjiv Shroff (DIN: 00296008) has been a central figure in the company’s governance since joining Reliance Chemotex Industries Limited in 1983. A graduate with Chemistry Honors from Calcutta University, he assumed the role of Managing Director in 1988. His tenure spans over four decades, during which he has overseen significant operational growth and industry expansion for the Udaipur-based chemical manufacturer.

The filing confirms that Mr. Sanjiv Shroff is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory authority. This compliance statement aligns with requirements set forth by the National Stock Exchange of India Ltd under reference number NSEICML/2018/24, dated June 20, 2018.

Family Governance Structure

The re-appointment reinforces the family-led management structure at Reliance Chemotex Industries Limited. The disclosure highlights key familial relationships within the boardroom:

Both Rahul Shroff and Ameya Shroff serve as Whole-time Directors with the designation of Executive Director. Their presence on the board ensures that strategic decision-making remains consolidated within the founding family, a common trait in many Indian mid-cap manufacturing firms.

Next Steps

While the Board has formally approved the re-appointment, the process is not yet complete. Shareholder approval is mandatory for the appointment to take effect on September 1, 2026. The company will likely seek this consent through an Ordinary Resolution at an upcoming General Meeting or via Postal Ballot, depending on the procedural requirements at that time. Until then, the existing management structure remains in place without disruption.

Reliance Chemotex Industries Limited has confirmed that the Register of Members will close from September 18, 2026, to September 24, 2026, for its 48th Annual General Meeting (AGM). The company designated September 18, 2026, as the record date for dividend entitlement and AGM participation. This closure ensures that only shareholders registered on this date are eligible to receive dividends for the financial year ended March 31, 2026, and vote at the meeting.

The Board of Directors approved these dates during its meeting on August 11, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified the stock exchanges of these arrangements. Remote e-voting will commence at 09:00 AM (IST) on September 21, 2026, and conclude at 5:00 PM (IST) on September 23, 2026. M/s Ronak Jhuthawat & Co., Practicing Company Secretaries, have been appointed as Scrutinizer for the process.

Financial Context

These corporate actions follow the company’s announcement of a 28.5% year-on-year rise in net profit to ₹136.65 lakh for Q1FY27. Revenue from operations grew by 7% to ₹9,881.78 lakh, driven by sustained demand in the yarn segment. The Board also approved the re-appointment of Sanjiv Shroff as Managing Director for a three-year term starting September 1, 2026.

Governance and Compliance

Chandrasekaran Rajagopalan, CFO cum Company Secretary and Compliance Officer, signed the disclosure. The unaudited financial results were reviewed by P K M B & Co., Chartered Accountants, under Regulation 33 of the SEBI LODR Regulations, 2015. The trading window for designated persons remains closed until August 13, 2026.