IEIon Exchange India500214Leadership appointment or

Rajesh Sharma to move from Executive Chairman to Non-Executive Non-Independent Chairman from January 1, 2027

Ion Exchange (India) Ltd's Board has approved a change in designation for Mr. Rajesh Sharma (DIN: 00515486).

By ScoutQuest · Tue 3 Nov 2026, 10:12 PM IST · 2 min read

Designation Change Effective Date

January 1, 2027

DIN

00515486

New Designation

Non-Executive Non-Independent Chairman

What the company told the exchanges

The Board of Directors of Ion Exchange (India) Ltd met on Tuesday, November 3, 2026, and approved a change in designation for Mr. Rajesh Sharma. He moves from Executive Chairman to Non-Executive Non-Independent Chairman with effect from January 1, 2027.

The decision was taken on the recommendation of the Nomination and Remuneration Committee. The update states that Mr. Sharma expressed to his fellow directors his desire to transition to a non-executive role. The Board placed on record its appreciation for his leadership, strategic vision and contributions during his tenure as Executive Chairman.

• The change is in designation, with effect from January 1, 2027.
• Mr. Sharma's DIN is 00515486.
• The company will seek shareholders' approval for the change through a Postal Ballot, in due course, as per applicable provisions.
• The Board meeting commenced at 02:30 p.m. and concluded at 07:15 p.m.

Who is Mr. Rajesh Sharma:

He joined Ion Exchange in January 1974 as a Service Engineer and, per the update, brings five decades of experience in the water treatment industry. He served as Managing Director of the Company from 2000 to 2024 and subsequently took on the role of Executive Chairman.

The update credits him with steering the Company's growth into a global player in total water and environmental management, expanding its presence across South-East Asia, Africa, Japan, Europe, the USA and the Middle East, and championing facilities including an R&D Centre at Patancheru, Telangana, and India's first Centre of Membrane Excellence in Goa. He was also instrumental in establishing the Ion Foundation in 2010, the Company's CSR arm.

Other disclosures in the update

• Mr. Rajesh Sharma is the brother of Mr. Dinesh Sharma, Non-Executive Non-Independent Director of the Company.
• The update states that Mr. Rajesh Sharma is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

How to read this

This is a change in designation rather than a new appointment or an exit. The chairmanship continues with the same individual, but his role shifts from an executive one to a non-executive one from January 1, 2027, subject to shareholders' approval through the Postal Ballot. Investors can track the Postal Ballot notice for the resolution and the details placed before shareholders.

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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