Board approves Q2/H1 results, names new COO and rejigs Stakeholders Relationship Committee
Board meeting held on 28 October 2026.
By ScoutQuest · · 2 min read
- Board Meeting Date
- 28 October 2026
- Results Approved
- Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended 30 September 2026
- COO Appointment
- Mr. V. R. Raguraman appointed and designated Chief Operating Officer (Senior Management Personnel), with immediate effect
Board outcome at a glance
The Board met on 28 October 2026 and approved, among other items, the Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended 30 September 2026. The results were recommended by the Audit Committee, which met earlier the same day.
Stakeholders Relationship Committee rejig
- Mr. Satish Narain Jajoo has been re-designated as Chairperson, moving up from the position of Member.
- Mrs. Drushti Desai has been re-designated from Chairperson to Member.
- Both changes take immediate effect from the conclusion of the Board Meeting.
- The committee now comprises three directors: Mr. Satish Narain Jajoo as Chairperson, Mr. Suresh Krishnamurthi Rao as Member and Mrs. Drushti Desai as Member.
New Chief Operating Officer
- Mr. V. R. Raguraman has been appointed and designated as Chief Operating Officer, classified as Senior Management Personnel.
- The appointment follows the recommendation of the Nomination and Remuneration Committee held earlier the same day, and takes immediate effect on approval of the item by the Board.
- Date of appointment: 28 October 2026.
- He is a business graduate with over four decades of experience in the chemical manufacturing sector, having risen through the ranks since 1983.
- His profile covers manufacturing processes, corporate strategy, human resources, industrial relations and cross-border expansion, and he has performed as Business Head for Chemical Units in Puducherry and Andhra Pradesh.
- The update states he is not related to any Director or Key Managerial Personnel of the Company.
What this tells a retail investor
- The results approval is the routine quarterly step; the numbers themselves sit in the separate results update.
- The committee change is an internal re-allocation of roles within the same three-member committee, not a change in who sits on the Board.
- A Chief Operating Officer being formally designated as Senior Management Personnel gives the company a named operational head alongside its existing leadership.
In short, this is a governance and management update covering the approval of quarterly and half-yearly results, a reshuffle of designations in a board committee, and a senior operating appointment.
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Board approves results, COO appointment and Stakeholders Relationship Committee re-designations
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Consolidated results for the 3 Months ended 30/09/2026
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More numbers
- Experience of the new COO in the chemical manufacturing sectorover four decades
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