Shree Hari Chemicals board re-appoints CMD and adds independent director
- Board re-appointed CMD Bankesh Chandra Agrawal and WTDs Sarthak and Nihit Agarwal for three-year terms
- Independent Director Shri Ram Gupta re-appointed for a second five-year term starting September 29, 2026
- Amrut Urkude appointed as additional independent director effective August 25, 2026
- All appointments require shareholder approval under SEBI LODR Regulations
*this image is generated using AI for illustrative purposes only.
Shree Hari Chemicals Export Limited’s Board of Directors held a meeting on August 25, 2026, to approve the re-appointment of its Chairman & Managing Director and two Whole Time Directors for three-year terms. The board also appointed an additional independent director.
The approvals are subject to shareholder consent. All appointments align with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Key Appointments
The board considered and approved the following changes to its composition:
| Director | Role | Term Start | Duration |
|---|---|---|---|
| Bankesh Chandra Agrawal | Chairman & Managing Director | November 11, 2026 | Three years |
| Sarthak Agarwal | Whole Time Director | November 11, 2026 | Three years |
| Nihit Agrawal | Whole Time Director | November 11, 2026 | Three years |
| Shri Ram Gupta | Independent Director | September 29, 2026 | Five years (second term) |
| Amrut Urkude | Additional Independent Director | August 25, 2026 | Five years |
Bankesh Chandra Agrawal, 74, brings over 49 years of experience in the yarn and chemical industries. Sarthak Agarwal, 34, has more than 13 years of experience in textile and chemical business. Nihit Agarwal, 32, holds a B.Tech degree and has over 10 years of industry experience.
Shri Ram Gupta, 70, is a Chartered Accountant with 44 years of experience in finance, banking, and taxation. Amrut Urkude, 54, holds a Doctorate in Management Studies and has over 30 years of experience in corporate governance and organizational leadership.
Governance Disclosures
The filing confirms that none of the directors have been debarred from holding office by SEBI or any other authority. Relationships between directors were disclosed as follows:
- Bankesh Chandra Agrawal, Sarthak Agarwal, Nihit Agarwal, and Non-executive Director Vikas Agarwal are related.
- Shri Ram Gupta and Amrut Urkude are not related to promoters or other directors.
The board meeting commenced at 12:15 pm and concluded at 6:00 pm.
Historical Stock Returns for Shree Hari Chemicals Export
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.97% | -2.92% | +24.34% | +54.23% | +59.73% | +191.32% |
How might the re-appointment of the Agarwal family members influence Shree Hari Chemicals' strategic direction and succession planning over the next three years?
What specific expertise does the newly appointed independent director, Amrut Urkude, bring that could enhance the company's corporate governance or risk management frameworks?
Will the upcoming shareholder vote on these appointments signal any potential dissent regarding the current board composition or management structure?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
