JPJindal Poly Films500227Routine director change

Board appoints Devendra Singh Rawat as Non-Executive Independent Director for five years

Board at its 4 November 2026 meeting approved the appointment of Mr. Devendra Singh Rawat as an Additional Director, designated Non-Executive Independent Director.

By ScoutQuest · Wed 4 Nov 2026, 7:05 PM IST · 2 min read

Appointee & Role

Mr. Devendra Singh Rawat as an Additional Director, designated Non-Executive Independent Director

Term of Appointment

4 November 2026 to 3 November 2031

Tenure

First term of five consecutive years

What was announced

• The Board of Directors, at its meeting held on 4 November 2026, approved the appointment of Mr. Devendra Singh Rawat as an Additional Director on the Board.
• He is designated as a Non-Executive Independent Director, based on the recommendation of the Nomination and Remuneration Committee.
• The meeting ran from 06:30 P.M to 07:00 P.M.

Term of appointment

• The term is five (5) consecutive years, commencing 4 November 2026 and ending 3 November 2031 (both days inclusive).
• He is not liable to retire by rotation.
• The appointment is subject to the approval of the members of the Company.

Who is he

• Mr. Rawat has 30 years of experience in Finance, Direct and Indirect taxes, Budgeting, Cost management, Private Equity, Forex, Business Arrangement, Business Strategy and IT Automations.
• He is not related to any Director of the Company, and satisfies the criteria of independence prescribed under the Companies Act, 2013 and the SEBI Listing Regulations.
• He is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

What this means, in simple terms

• An independent director is a board member who is not part of the day-to-day management and is expected to bring outside oversight to the board's decisions.
• A non-executive role means he does not hold an executive position in the company; he participates in board meetings and committees.
• The update states a fixed five-year term and that reappointment beyond the term would need the members' approval process to be followed.
• Because the appointment is as an Additional Director, it takes effect on the Board's approval and is placed before shareholders for their approval, as stated in the update.
• This is a change in the composition of the board and is disclosed under the change-in-management category of the listing rules.

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.

About ScoutQuest · Logos provided by Logo.dev