Yash Chemex Limited Announces Retirement of Independent Director Mrs. Angee Rajendrakumar Shah

1 min read     Updated on 08 Apr 2026, 01:18 PM
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AI Summary

Yash Chemex Limited announced the retirement of Independent Director Mrs. Angee Rajendrakumar Shah effective April 08, 2026, following completion of her second consecutive term. The board now comprises five directors including two executive promoter directors and three independent directors. The company has complied with all SEBI disclosure requirements regarding this board change.

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Yash Chemex Limited has announced the retirement of Mrs. Angee Rajendrakumar Shah from her position as Non-Executive Independent Director, effective from the closing business hours of April 08, 2026. The retirement is due to the completion of her second consecutive term as an Independent Director of the Company.

Director Retirement Details

The company disclosed this information to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Shah, who holds DIN 07486980, ceased to be a Director on the Board of the Company as per regulatory requirements governing the tenure of Independent Directors.

Parameter: Details
Director Name: Mrs. Angee Rajendrakumar Shah
DIN: 07486980
Position: Non-Executive Independent Director
Effective Date: April 08, 2026
Reason: Completion of second consecutive term

Current Board Composition

Following Mrs. Shah's retirement, the Board of Directors of Yash Chemex Limited comprises five members effective from April 09, 2026:

Sr. No. Name of Director Designation
1. Mr. Pritesh Yashwantlal Shah Managing Director (Executive and Promoter)
2. Mrs. Dimple Priteshkumar Shah Whole-Time Director (Executive and Promoter)
3. Mr. Rushabh Anilkumar Shah Non-Executive Independent Director
4. Mr. Dhanik Jayeshkumar Mehta Non-Executive Independent Director
5. Mr. Bhaveshkumar Rajnikant Shah Non-Executive Independent Director

Regulatory Compliance

The company has fulfilled all disclosure requirements under SEBI regulations and provided the necessary annexure detailing the circumstances of the directorship change. The information has been made available on the company's website at www.yashchemex.com as part of its transparency and compliance obligations.

Yash Chemex Limited, formerly known as Yash Chemex Pvt. Ltd., operates as an importer and exporter of dyes, intermediates, and chemicals. The company is listed on BSE with scrip code 539939 under the symbol YASHCHEM.

Historical Stock Returns for Yash Chemex

1 Day5 Days1 Month6 Months1 Year5 Years
+0.23%-6.47%-12.57%-45.72%+3.05%+25.33%

Will Yash Chemex appoint a new independent director to maintain board diversity and strengthen corporate governance?

How might the reduced board size of five members impact decision-making processes and operational efficiency at Yash Chemex?

What succession planning strategies is the company implementing to ensure smooth transitions for future board changes?

Yash Chemex Limited Announces Retirement of Independent Director Mrs. Jinal Dineshbhai Shah

1 min read     Updated on 31 Mar 2026, 06:13 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Yash Chemex Limited announced the retirement of Independent Director Mrs. Jinal Dineshbhai Shah effective March 29, 2026, following completion of her second consecutive term. The board now comprises six directors, including two executive promoter directors and four independent directors. The disclosure was made in compliance with SEBI Listing Regulations.

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Yash Chemex Limited has announced the retirement of Mrs. Jinal Dineshbhai Shah from her position as Non-Executive Independent Director, marking the end of her tenure on the company's board. The retirement became effective from the closing business hours of Sunday, March 29, 2026.

Director Retirement Details

The company disclosed that Mrs. Shah's retirement was due to the completion of her second consecutive term as an Independent Director. This change was communicated to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Director Name: Mrs. Jinal Dineshbhai Shah
DIN: 07467703
Position: Non-Executive Independent Director
Effective Date: March 29, 2026
Reason: Completion of second consecutive term

Current Board Composition

Following Mrs. Shah's retirement, Yash Chemex Limited's board now consists of six directors. The company has maintained a balanced board structure with representation from both executive and independent directors.

Sr. No. Director Name Designation
1 Mr. Pritesh Yashwantlal Shah Managing Director (Executive and Promoter)
2 Mrs. Dimple Priteshkumar Shah Whole-Time Director (Executive and Promoter)
3 Mr. Rushabh Anilkumar Shah Non-Executive Independent Director
4 Mrs. Angee Rajendrakumar Shah Non-Executive Independent Director
5 Mr. Dhanik Jayeshkumar Mehta Non-Executive Independent Director
6 Mr. Bhaveshkumar Rajnikant Shah Non-Executive Independent Director

Regulatory Compliance

The disclosure was made pursuant to the requirements under Regulation 30 of the SEBI Listing Regulations. The company has provided detailed information in Annexure-A, covering all necessary particulars related to the directorship change. The information has also been made available on the company's website at www.yashchemex.com .

Company Background

Yash Chemex Limited operates as an importer and exporter of dyes, intermediates, and chemicals. The company is registered under CIN L74110GJ2006PLC048385 and trades on BSE with scrip code 539939 under the symbol YASHCHEM. The company's registered office is located in Ahmedabad, Gujarat.

Historical Stock Returns for Yash Chemex

1 Day5 Days1 Month6 Months1 Year5 Years
+0.23%-6.47%-12.57%-45.72%+3.05%+25.33%

Will Yash Chemex appoint a new independent director to maintain optimal board size and governance standards?

How might the reduced board composition impact the company's decision-making processes and committee structures?

Could this board change signal potential shifts in Yash Chemex's strategic direction or corporate governance approach?

More News on Yash Chemex

1 Year Returns:+3.05%