Archean Chemical Industries Limited announced significant changes in its Board composition and senior management following a Board of Directors meeting held on January 19, 2026. Mrs. Padma Chandrasekaran, an Independent Director, has been designated as the Non-Executive Chairperson of the Board to enhance the company's governance framework. Mr. P. Ranjit, formerly the Managing Director, has been appointed as the Executive Vice Chairman (Whole-time Director) for a term of five years, commencing January 22, 2026, and concluding on January 21, 2031. This appointment is subject to shareholder approval via postal ballot. Mr. Ranjit, a promoter director with over two decades of experience in the chemical industry, will continue to serve as a member of the Board. Furthermore, the Board has approved the appointment of Mr. Rampraveen Swaminathan as an Additional Director and designated him as the Managing Director. His term also spans five consecutive years, from January 22, 2026, to January 21, 2031, and is contingent upon shareholder approval through postal ballot. Mr. Swaminathan brings over 28 years of experience in business leadership and operations across various sectors. In a separate development, Mr. N. R. Kannan, a Key Managerial Personnel (Executive Director), has resigned from his position, citing personal and family reasons. His resignation is effective from the close of business hours on April 30, 2026. The Board has accepted his resignation and expressed appreciation for his contributions.
