Archean Chemical Industries Ltd

🏛️ Archean Chemical Seeks Shareholder Approval for Key Leadership Appointments

• Designate Mr. P. Ranjit as Executive Vice Chairman (Whole-Time Director) for 5 years from January 22, 2026, to January 21, 2031, with a basic pay of ₹27.23 lakhs per month and additional benefits.

• Appoint Mr. Rampraveen Swaminathan as a Director, not liable to retire by rotation.

• Appoint Mr. Rampraveen Swaminathan as Managing Director for 5 years from January 22, 2026, to January 21, 2031, with a basic pay of ₹20.50 lakhs per month and performance-linked incentives.

• Total remuneration for both executives combined shall not exceed 10% of the company's net profits, as per Companies Act, 2013 provisions.