Chambal Fertilisers and Chemicals - Sector with structural change

1) Q3FY21 results

https://www.bseindia.com/xml-data/corpfiling/AttachLive/6bf3d3f0-722a-444a-a60a-29d2f2b01ca2.pdf

2) Management comment on the results - press release:

3) Change in Management (source)

We would like to inform you that Mr. Anil Kapoor, Managing Director of the Company is due for retirement upon completion of his tenure on April 15, 2021.

Mr. Gaurav Mathur (DIN: 07610237) is working as Whole Time Director designated as Joint Managing Director of the Company since January 6, 2020. The Board of Directors of the Company at its meeting held on February 04, 2021 has, inter-alia, approved appointment of Mr. Gaurav Mathur as Managing Director of the Company for a period from April 16, 2021 to January 05, 2025, subject to approval of the shareholders of the Company. Mr. Gaurav Mathur is not a relative of any other Director of the Company.

Brief Profile of Mr. Gaurav Mathur

Mr. Gaurav Mathur, aged about 52 years, is a chemical engineer from Indian Institute of Technology, Kanpur having more than 30 years of experience in the fields of Industrial Explosives, Specialty Chemicals, Coatings & Paints and Pharmaceutical Industries. Mr. Gaurav Mathur started his career in 1989 as a Management Trainee in the Explosives business with ICI India Limited (now AkzoNobel India Limited). He worked with ICI India Limited / AkzoNobel India Limited for around 27 years and held various senior executive positions in India and abroad such as Head of Research and Development - Decorative Paints, Global Manufacturing & Supply Chain Director, Global Director - Continuous Improvement & Strategic Initiatives, etc. Before joining the Company, he was working as Managing Director of TEVA API India Private Limited since September 2016 and heading Active Pharmaceutical Ingredient operations for Asia Pacific, Israel and Europe. Mr. Gaurav Mathur joined the Company with effect from January 06, 2020 as Whole Time Director designated as Joint Managing Director.

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