Polyplex Corporation Limited has announced a change in its board of directors, with the appointment of Mr. Ranjit Singh as a Non-Executive Non-Independent Director, effective from 25 May 2026. This decision was made during the company’s Board of Directors meeting held on 23 May 2026. Mr. Singh’s appointment comes as part of the recommendations from the Nomination and Remuneration Committee and he will be liable to retire by rotation.
Mr. Ranjit Singh brings with him a wealth of experience, having over 40 years in corporate management across Indian, international, and multicultural business environments. He is an engineer from BITS, Pilani, and holds an MBA from IIM, Ahmedabad. Previously, he served as an Independent Director on the Board of Polyplex Corporation for 10 years. Additionally, Mr. Singh is actively involved in the social sector and startup ecosystem as a consultant, mentor, investor, and promoter.
The board meeting also noted the resignation of Mr. Sanjiv Chadha, who stepped down from his role as a Non-Executive Non-Independent Director on 23 May 2026. Mr. Chadha, who has been associated with Polyplex Corporation for over 20 years, cited personal and professional reasons for his departure. He expressed his gratitude for the opportunities and support he received during his tenure and wished the company continued success.
The Board of Directors meeting commenced at 1610 hours (IST) and concluded at 1815 hours (IST). The company has arranged to upload the details of these changes on its website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Yash Agarwal and reviewed by Aman Shukla before publication.