Balkrishna Industries Board Approves Director Re-appointments and Capital Expenditure Update
Balkrishna Industries Limited (BIL) announced the outcome of its Board Meeting held on December 19, 2025. The Board approved the re-appointment of Mr. Arvind Poddar as Chairman & Managing Director for...
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Why is Balkrishna Industries Limited in the news today?
Balkrishna Industries Limited (BALKRISIND) is in the news due to the announcement details positive developments including director re-appointments and appointments, and a significant update on capital expenditure with the completion of a production facility line, increasing capacity.
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Balkrishna Industries Board Approves Director Re-appointments and Capital Expenditure Update
December 19, 2025, 12:36 PM
Balkrishna Industries Limited (BIL) announced the outcome of its Board Meeting held on December 19, 2025. The Board approved the re-appointment of Mr. Arvind Poddar as Chairman & Managing Director for a period of five years, effective August 1, 2026, subject to shareholder approval.
Additionally, the company approved the appointment of Mr. Natarajan Gnanaskandan Tanjore as an Independent Director and Mr. Ashok Saraf as a Non-Executive Non-Independent Director, both effective February 1, 2026, also subject to shareholder approval. A Postal Ballot Notice has been approved for these appointments, with e-voting scheduled from December 24, 2025, to January 22, 2026.
In a significant update on its capital expenditure plans, Balkrishna Industries announced the completion of one line of its Carbon Black Production facility. This increases the total Carbon Black Installed Capacity to 2,65,000 TPA. The company had previously approved a capital expenditure of approximately ₹3,500 Crores over three years for additional production facilities, including the Carbon Black project, which is progressing as per schedule.
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