Tamilnadu Petroproducts Limited (TPL) has announced a change in its board composition. Mr. Sandeep Nanduri, IAS (DIN: 07511216), who served as a Non-Executive & Non-Independent Director, has stepped down from his position on the company's board.

Resignation Details

The resignation comes as a result of the withdrawal of Mr. Nanduri's nomination by Tamilnadu Industrial Development Corporation Limited (TIDCO), which had originally appointed him to the board. As per Section 168 of the Companies Act 2013, the resignation took effect on October 25, 2025, coinciding with the date TPL received the resignation letter from TIDCO.

Regulatory Compliance

In adherence to regulatory requirements, TPL has informed both the BSE Limited and the National Stock Exchange of India about this change in directorate. This disclosure is in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Information

The company has provided the necessary details as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency in the directorate change process.

This development marks a change in the board composition of Tamilnadu Petroproducts Limited.

Tamilnadu Petroproducts Limited (TPL) has announced significant changes in its leadership structure, with the appointment of a new chairman and the resignation of its Company Secretary.

New Chairman Appointed

Mr. S Krishnan, IAS, has been appointed as the Non-Independent, Non-Executive Director and Chairman of the Board of Tamilnadu Petroproducts Limited. This appointment, representing Tamilnadu Industrial Development Corporation Limited, took effect on December 15, 2021. Mr. Krishnan will hold office until the next Annual General Meeting and is eligible for appointment by the company's members.

Mr. Krishnan brings a wealth of experience to his new role. He is a 1989 batch IAS officer and currently serves as the Additional Chief Secretary in the Industries Department of the Government of Tamilnadu. His extensive portfolio includes chairman and director positions across multiple state corporations, notably including Titan Company Ltd.

It's worth noting that Mr. Krishnan does not hold any shares in Tamilnadu Petroproducts Limited and is not related to any of the company's directors.

Company Secretary Resignation

Simultaneously, TPL announced the resignation of Ms. Meenakshi Jayaraman from her position as Company Secretary and Compliance Officer. Her resignation was effective from the close of work on December 15, 2021, coinciding with Mr. Krishnan's appointment.

These changes in TPL's leadership structure mark a significant transition for the company. The appointment of Mr. S Krishnan, with his extensive experience in public administration and corporate governance, may bring new perspectives to the company's strategic direction. Meanwhile, the departure of Ms. Jayaraman as Company Secretary and Compliance Officer will necessitate a transition in these crucial corporate functions.