Shankar Lal Rampal Dye-Chem Limited announced key board changes following a meeting held on 9th April, 2026. The Board accepted the resignation of Mr. Murli Atal as an Independent Director, effective 26th March, 2026. Concurrently, Mr. Sumit Jain was appointed as an Additional Director in the capacity of Independent Director for a term of five years, commencing 9th April, 2026, and concluding on 8th April, 2031, subject to shareholder approval. In light of these changes, the Board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee, have been reconstituted effective 8th April, 2026. The Board also approved an omnibus approval for all planned Related Party Transactions for FY 2026-27, ensuring they are conducted at arm's length and within the ordinary course of business. Additionally, key statutory policies such as the Vigil Mechanism/Whistle Blower Policy, Code of Conduct for Board and Senior Management, and Policy on Materiality of Related Party Transactions were reviewed and updated. A Postal Ballot Notice will be issued to seek shareholder approval for Mr. Sumit Jain's appointment. The cut-off date for the notice dispatch is 3rd April, 2026. NSDL and N Mehta & Associates have been appointed as the e-voting platform and scrutinizer, respectively, to ensure a transparent voting process. The meeting commenced at 12:30 PM and concluded at 01:10 PM.
