DMCC Speciality Chemicals Limited has announced key leadership appointments following its board meeting held on January 10, 2026. The company has strengthened its governance structure with the appointment of two senior professionals in critical roles.

Board Appointments Overview

The board meeting, which commenced at 11:35 a.m. (IST) and concluded at 1:40 p.m. (IST), resulted in two significant appointments made in compliance with SEBI regulations and the Companies Act, 2013.

Independent Director Appointment

Ms. Saloni Jhaveri has been appointed as Additional Director, designated as Non-Executive Independent Director, following the recommendation of the Nomination and Remuneration Committee. Her appointment is subject to shareholder approval and spans five consecutive years from January 10, 2026 to January 9, 2031.

Ms. Jhaveri brings over two decades of experience in private equity, mergers and acquisitions, corporate finance, and strategy, with professional experience spanning the United States and India. She has successfully executed and closed several cross-border and domestic transactions, including mergers, acquisitions, joint ventures, and private equity investments across multiple sectors.

Professional Background

Currently, Ms. Jhaveri heads Investor Relations at NIIF and is responsible for fundraising across all three funds and managing relationships with global investors and key stakeholders, including representatives of the Government of India, global business leaders, and Embassies and Consulates. Prior to NIIF, she served as a Partner at SKP Business Consulting and has previously worked with KPMG India, HDFC Private Equity, and Praxair (USA).

Company Secretary Appointment

Ms. Pallavi Pednekar has been appointed as Company Secretary & Compliance Officer and Key Managerial Personnel pursuant to Section 203 of the Companies Act, 2013 and Rules made thereunder, along with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Pednekar holds a Bachelor's degree in Commerce, an LLB, and is a Qualified Company Secretary (ACS 33498). She brings over 12 years of experience in secretarial and legal functions across various companies, having previously served as Company Secretary at NGL Fine-Chem Limited and worked with Survival Technologies Private Limited.

Regulatory Compliance

Both appointments have been made in strict adherence to regulatory requirements:

• SEBI Regulations: Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015
• Companies Act: Adherence to Section 203 of the Companies Act, 2013 for the Company Secretary appointment
• Disclosure Requirements: Full compliance with Regulation 30(6) read with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

The company has confirmed that based on available information, Ms. Saloni Jhaveri is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. The appointments reflect the company's commitment to strengthening its governance framework with experienced professionals who bring diverse expertise to support its strategic objectives.

DMCC Speciality Chemicals Limited announced significant leadership appointments following its board meeting held on January 10, 2026. The company approved the appointment of two key personnel to strengthen its governance structure and compliance framework.

Board Leadership Enhancement

The board approved the appointment of Ms. Saloni Jhaveri as an Additional Director, designated as a Non-Executive Independent Director. This appointment was made pursuant to the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval.

Ms. Jhaveri brings over two decades of experience in private equity, mergers and acquisitions, corporate finance, and strategy. She has professional experience spanning the United States and India, having successfully executed several cross-border and domestic transactions including mergers, acquisitions, joint ventures, and private equity investments across multiple sectors.

Company Secretary Appointment

The board also appointed Ms. Pallavi Pednekar as Company Secretary & Compliance Officer and Key Managerial Personnel, pursuant to Section 203 of the Companies Act, 2013 and related regulations.

Ms. Pednekar holds a Bachelor's degree in Commerce, an LLB, and is a Qualified Company Secretary. She brings over 12 years of experience in secretarial and legal functions across various companies, having previously served as Company Secretary at NGL Fine-Chem Limited and worked with Survival Technologies Private Limited.

Professional Background

Ms. Saloni Jhaveri currently heads Investor Relations at NIIF, where she is responsible for fundraising across all three funds and managing relationships with global investors and key stakeholders. Her responsibilities include working with representatives of the Government of India, global business leaders, and Embassies and Consulates. Prior to NIIF, she served as a Partner at SKP Business Consulting and has previously worked with KPMG India, HDFC Private Equity, and Praxair (USA). She holds a Bachelor's and Master's degree in Commerce from Sydenham College of Commerce and Economics and an MBA from The Pennsylvania State University.

Regulatory Compliance

Both appointments were made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The board meeting commenced at 11:35 a.m. (IST) and concluded at 1:40 p.m. (IST) on January 10, 2026. Based on available information, Ms. Saloni Jhaveri is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. The company has confirmed that there are no relationships between the newly appointed directors and existing board members.