DPDipna Pharmachem543594Routine director change

Two independent directors resign; Nirav Soni joins board and chairs three committees

Board meeting on 10th August, 2026 approved Nirav Soni as an Additional Non-Executive and Non-Independent Director.

By ScoutQuest · Sat 24 Oct 2026, 4:56 PM IST · 2 min read

Director appointed

Nirav Soni appointed Additional Non-Executive and Non-Independent Director w.e.f. 10th August, 2026

Independent directors resigned

Jitendra Parmar and Manish Bachani resigned as Non-Executive and Independent Directors on 10th August, 2026, citing personal reasons

Committee reconstitution

Soni chairs Audit, Nomination & Remuneration and Stakeholders Relationship Committees; Keyur Shah and Dipna Keyur Shah are members

Board rejig approved

Dipna Pharmachem's board met on Monday, 10th August, 2026 and approved one appointment while taking note of two resignations, all effective the same date.

• Mr. Nirav Madhusudan Soni was appointed as an Additional Non-Executive and Non-Independent Director of the company with effect from 10th August, 2026. The update describes him as a dedicated professional with over four years of experience in marketing management, project management and administrative operations, and states that he is not related to any of the directors of the company.
• The board took note of the resignation of Mr. Jitendra Pradipbhai Parmar from the post of Non-Executive and Independent Director with effect from 10th August, 2026. His resignation letter cites personal reasons, saying he is not in a position to devote his time to the affairs of the company.
• The board also took note of the resignation of Mr. Manish Shrichand Bachani from the post of Non-Executive and Independent Director with effect from 10th August, 2026, again citing personal reasons and an inability to devote time to the company's affairs.

The company states that it has received confirmation from both resigning directors that there are no other material reasons for their resignation beyond those given in their resignation letters.

Committees reconstituted

All three committees were reconstituted with effect from 10th August, 2026, with the same three members.

• Audit Committee: Mr. Nirav Madhusudan Soni as Chairperson, with Mr. Keyur Shah (Managing Director) and Mrs. Dipna Keyur Shah as Members.
• Nomination and Remuneration Committee: Mr. Nirav Madhusudan Soni as Chairperson, with Mr. Keyur Shah and Mrs. Dipna Keyur Shah as Members.
• Stakeholders Relationship Committee: Mr. Nirav Madhusudan Soni as Chairperson, with Mr. Keyur Shah and Mrs. Dipna Keyur Shah as Members.

What stands out

• Both independent directors step down on the same date, and both the company and the directors state that the reasons are personal, with nothing else material cited.
• The chairperson of all three committees is now Mr. Soni, who is a Non-Executive and Non-Independent Director; the other two members are the Managing Director and another Non-Executive and Non-Independent Director.
• The board also gains a director with background in marketing, project management and administrative operations.

How to read this

Board and committee changes are routine governance disclosures and take effect immediately. The appointment and the resignations are dated the same day, so the composition of the board and its committees has changed in one step rather than gradually.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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