Sumitomo Chemical promotes Dr. Suresh Ramachandran as Managing Director

1 min read     Updated on 27 May 2026, 08:35 PM
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Sumitomo Chemical India Limited has promoted Dr. Suresh Ramachandran to Managing Director effective September 1, 2026, pending shareholder approval. The Board approved the decision on May 26, 2026, appointing him for a term ending May 31, 2028.

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Sumitomo Chemical India Limited has promoted Dr. Suresh Ramachandran to the position of Managing Director, effective September 1, 2026, subject to shareholder approval. The Board of Directors approved the promotion during a meeting held on May 26, 2026. Dr. Ramachandran, currently the Deputy Managing Director, will assume the new role until May 31, 2028. The appointment requires approval from members through a special resolution.

Dr. Suresh Ramachandran (57) holds a Ph.D. in entomology from the University of Georgia, USA, and has over 28 years of experience in the crop protection industry. He has held various business and R&D roles, including positions at Dow AgroSciences India and Indofil Industries Limited. He joined Sumitomo Chemical India Limited in March 2021 as Chief Commercial Officer and was appointed Whole-time Director in June 2023.

The Board confirmed that Dr. Ramachandran is not related to any other director of the company and is not debarred from holding the position of director by SEBI or any other authority. He is currently the Vice Chairman of the Agro Chem Federation of India and has previously served as Vice Chairman of Crop Life India.

Key Appointment Details

Particulars Details
Name Dr. Suresh Ramachandran
Designation Managing Director (from Deputy Managing Director)
DIN 03110244
Date of Appointment September 1, 2026
Term Until May 31, 2028
Approval Status Subject to shareholder special resolution

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.32%+5.67%+13.99%+8.60%-7.22%+54.89%

What strategic shifts in crop protection or R&D can be expected under Dr. Ramachandran's leadership given his scientific background?

How will the short two-year term of the new Managing Director impact the company's long-term strategic planning?

Will the change in leadership influence Sumitomo Chemical India's expansion plans or market share in the domestic agrochemical sector?

Sumitomo Chemical India reappoints Sivaraman, appoints Tiwari and Shah

1 min read     Updated on 27 May 2026, 08:32 PM
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Sumitomo Chemical India Ltd. has approved the reappointment of Mr. N. Sivaraman as Independent Director for a second term of three years and the appointment of Mr. Anand Mohan Tiwari as Independent Director for two years, effective from September 1, 2026, and August 31, 2026, respectively. Additionally, Mr. Chetan Shah was appointed as Non-Executive Non-Independent Director effective September 1, 2026, following the conclusion of his term as Managing Director. All appointments are subject to shareholder approval at the ensuing Annual General Meeting.

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Sumitomo Chemical India Ltd. has approved the reappointment of Mr. N. Sivaraman and the appointment of Mr. Anand Mohan Tiwari as Independent Directors, alongside the appointment of Mr. Chetan Shah as Non-Executive Non-Independent Director, effective from September 1, 2026. These decisions were taken by the Board of Directors at its meeting held on May 26, 2026, and are subject to shareholder approval through resolutions in the ensuing Annual General Meeting.

The Board recommended the reappointment of Mr. N. Sivaraman for a second term of three consecutive years, effective from September 1, 2026, to August 31, 2029. His first term concludes on August 31, 2026. The Board also approved the appointment of Mr. Anand Mohan Tiwari as an Independent Director for two consecutive years, effective from August 31, 2026, to August 30, 2028.

Additionally, the Board approved the appointment of Mr. Chetan Shah as Non-Executive Non-Independent Director with effect from September 1, 2026. Mr. Shah, whose term as Managing Director ends on August 31, 2026, will be liable to retire by rotation. The company confirmed that all appointees satisfy the criteria of independence prescribed under the Companies Act, 2013, and SEBI LODR, and are not debarred from holding the office of Director.

Director Appointments

Director Role Term Effective Date
Mr. N. Sivaraman Independent Director 3 years Sep 1, 2026
Mr. Anand Mohan Tiwari Independent Director 2 years Aug 31, 2026
Mr. Chetan Shah Non-Executive Non-Independent Director Retire by rotation Sep 1, 2026

The composition of the Board continues to be in compliance with the requirements prescribed under the Companies Act, 2013, and SEBI LODR. The Board meeting commenced at 04:04 P.M. and concluded at 04:46 P.M.

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.32%+5.67%+13.99%+8.60%-7.22%+54.89%

How will the transition of Mr. Chetan Shah from Managing Director to Non-Executive Non-Independent Director impact the company's strategic direction?

What criteria did the Board use to determine the differing term lengths for the new Independent Directors?

Will the reappointment and new appointments lead to any significant changes in the Board's committee structures or leadership roles?

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1 Year Returns:-7.22%