Pasupati Acrylon Bolsters Board with Two New Independent Directors and Reconstitutes Committees
Pasupati Acrylon Limited has appointed two new Non-Executive Independent Directors, Mr. Sudhir Agarwal and Mr. Sanjiv Nair, for a five-year term starting September 1, 2025. The company has also reconstituted five board committees following the departure of two outgoing independent directors. Mr. Agarwal brings 39 years of experience in the chemical industry, while Mr. Nair is a retired Indian Administrative Services officer. The changes aim to enhance corporate governance and bring diverse expertise to the company's leadership.

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Pasupati Acrylon Limited , a key player in the chemical industry, has announced significant changes to its board of directors and committee structure. The company has appointed two new Non-Executive Independent Directors, Mr. Sudhir Agarwal and Mr. Sanjiv Nair, for a five-year term starting September 1, 2025. This move, approved by shareholders at the company's 42nd Annual General Meeting on September 18, 2025, aims to bring fresh perspectives and diverse expertise to the board.
New Appointments
Mr. Sudhir Agarwal
- Holds a B.Tech in Chemical Engineering from Harcourt Butler Technical University, Kanpur
- Brings over 39 years of experience in the chemical and process industries
- Expertise includes:
- Plant operations
- Project management
- Energy and environment conservation
- Waste management
- Sustainability
- Green energy concepts
Mr. Sanjiv Nair
- Retired Indian Administrative Services officer
- Previously served as:
- Additional Chief Secretary of Uttar Pradesh
- First Director General of the North East Centre for Technology Application and Reach
- Represented India at the World Meteorological Organization in Moscow for two years
Terms of Appointment
- Both Mr. Agarwal and Mr. Nair appointed for five consecutive years
- Term: September 1, 2025, to August 31, 2030
- Neither director is related to existing directors or key managerial personnel of Pasupati Acrylon Limited
Board Transitions
- Two outgoing independent directors completed their terms:
- Mr. S.C. Malik (DIN: 00107170)
- Mr. D.K. Kapila (DIN: 00060060)
- Both concluded their second term as Independent Directors at the 42nd Annual General Meeting
- Ceased to be directors and board committee members effective September 18, 2025
Committee Reconstitution
Effective September 18, 2025, Pasupati Acrylon Limited has reconstituted five Board committees:
Committee | Chair | Members |
---|---|---|
Audit Committee | Mr. Raj Ganesh Viswanathan | Three independent directors and one executive director |
Nomination & Remuneration Committee | Mr. Sanjiv Nair | Two other independent directors |
Stakeholders Relationship Committee | Mrs. Kamlesh Gupta | Two executive directors |
Corporate Social Responsibility Committee | Mr. Raj Ganesh Viswanathan | Executive Managing Director Mr. Vineet Jain and Executive Director Mr. Satya Prakash Gupta |
Risk Management Committee | Mr. Sanjiv Nair | Three other directors |
Compliance and Governance
- Pasupati Acrylon Limited confirmed that Mr. Agarwal and Mr. Nair are not debarred from holding directorship positions by any SEBI order or other authority
- Complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Ms. Mehak Gupta of M/s. Mehak Gupta & Associates appointed as Secretarial Auditor for five years (FY 2025-26 to 2029-30)
These board changes, appointments, and committee reconstitutions reflect Pasupati Acrylon's commitment to maintaining strong corporate governance and bringing diverse expertise to its leadership team. The new directors and committee structure are expected to contribute significantly to the company's strategic direction and growth initiatives in the chemical sector.
Historical Stock Returns for Pasupati Acrylons
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.07% | -0.07% | +8.34% | -7.45% | -9.34% | +23.46% |