Poddar Pigments Limited , a key player in the pigment industry, has taken a significant step towards sustainability by signing an agreement to install a 3.51 MWp solar power plant. This move aligns with the company's commitment to renewable energy and environmental responsibility.

Solar Power Agreement Details

Poddar Pigments has entered into an agreement with IB Vogt Solar India Private Limited (IBV) for the installation of a solar power plant. Here are the key details of the agreement:

Implications for Poddar Pigments

This solar power initiative represents a strategic move for Poddar Pigments:

1. Sustainability Focus: The installation of the solar power plant demonstrates the company's commitment to renewable energy and reducing its carbon footprint.

2. Energy Independence: By generating electricity for captive consumption, Poddar Pigments aims to reduce its reliance on the grid and potentially lower long-term energy costs.

3. Regulatory Compliance: The company has properly disclosed this development in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, showcasing its commitment to transparency.

Looking Ahead

Poddar Pigments has stated that it will provide detailed information upon the successful commissioning of the solar power plant. This development may be of interest to investors and stakeholders who value companies taking concrete steps towards sustainability and energy efficiency.

As the renewable energy sector continues to grow, Poddar Pigments' move into solar power generation could potentially position the company favorably in terms of both operational efficiency and environmental responsibility. However, the full impact of this initiative will become clearer once the plant is operational and the company can assess its performance and benefits.

Investors and industry observers may be watching to see how this green energy initiative affects Poddar Pigments' operations and financial performance in the coming years.

Poddar Pigments Limited , a prominent player in the pigments industry, has announced significant changes in its leadership team, specifically in the role of Compliance Officer. The company's Board of Directors has approved these changes, which are set to take effect on September 30, 2025.

Leadership Transition

The Board of Directors of Poddar Pigments Limited convened on September 30, 2025, for a meeting that lasted from 12:00 PM to 1:55 PM. During this meeting, two key decisions were made:

1. Resignation of Shri Dharmendra Kumar: The board approved the resignation of Shri Dharmendra Kumar from his position as Compliance Officer of the company. Kumar's resignation is effective from September 30, 2025, and comes as a result of other commitments within the organization.

2. Appointment of Shri Rajeev Kumar: The board has appointed Shri Rajeev Kumar as the new Company Secretary and Compliance Officer, also effective from September 30, 2025.

New Compliance Officer Profile

Shri Rajeev Kumar brings a wealth of experience to his new role at Poddar Pigments Limited. He is an associate member (ACS-33990) of the Institute of Company Secretaries of India and boasts over 11 years of experience working with both listed and unlisted companies.

Regulatory Compliance

The company has made these announcements in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Poddar Pigments Limited has also provided detailed information about the changes as required by various SEBI circulars, including those dated July 13, 2023, November 11, 2024, December 31, 2024, and February 25, 2025.

Company's Statement

Yug Mahesshwari, Chief Financial Officer of Poddar Pigments Limited, signed off on the official communication to the stock exchanges. The company expressed its gratitude to Shri Dharmendra Kumar for his services and welcomed Shri Rajeev Kumar to his new role.

These leadership changes come as Poddar Pigments Limited continues to strengthen its corporate governance and compliance framework.