India Glycols Limited announced that its wholly-owned subsidiary, IGSL Spirits Limited, has appointed Shri Manoj Kumar Rai as an Additional Director. Effective August 4, 2026, Rai will serve as Executive Director & Chief Operating Officer for a term of 5 years. This appointment is part of the ongoing Scheme of Arrangement involving India Glycols and its subsidiaries.
Key Executive Appointment at IGSL Spirits
India Glycols Limited (IGL) has disclosed a material update regarding its wholly-owned subsidiary, IGSL Spirits Limited. In relation to an ongoing Scheme of Arrangement, the subsidiary has appointed Shri Manoj Kumar Rai as an Additional Director. This appointment is with immediate effect from August 4, 2026, and he has been designated as the Executive Director & Chief Operating Officer.
Details of the Appointment
Shri Manoj Kumar Rai, holding DIN 11827771, brings extensive experience to his new role. The Board of Directors of IGSL Spirits approved his appointment on August 4, 2026. The appointment is set for a term of 5 consecutive years, concluding on August 3, 2031, subject to shareholder approval.
Professional Background
Mr. Rai is described as a seasoned business leader with over 27 years of experience across diverse industries including engineering, consumer goods, entertainment, and alcoholic beverages. His expertise spans business strategy, P&L management, and commercial excellence. He holds a Postgraduate Diploma in Business Management from the Indian Institute of Management, Lucknow, and a Bachelor of Technology from the Indian Institute of Technology, Delhi. His prior employment includes a role as Chief Revenue Officer at Allied Blenders and Distillers Limited, and he has also worked with organizations like Pernod Ricard India and Marico Industries.
Source: BSE
