India Glycols Limited announced the re-designation of Ms. Pragya Bhartia Barwale from Whole Time Director and Key Managerial Person to Non-Executive Non-Independent Director. This change is effective from the closure of business hours on August 12, 2026. The company has affirmed that Ms. Barwale is not debarred from holding a directorship by any SEBI order or similar authority. Details of her relationship with other directors are provided, indicating she is the daughter of the Chairman & Managing Director.
Board Resolution on Director Re-designation
India Glycols Limited has formally communicated a significant change in its board composition. In a meeting held on August 12, 2026, the Board of Directors approved the re-designation of Ms. Pragya Bhartia Barwale. She will transition from her role as Whole Time Director and Key Managerial Person to serve as a Non-Executive Non-Independent Director. This change in designation takes effect from the close of business on August 12, 2026.
Compliance and Disclosure
The company has confirmed that Ms. Pragya Bhartia Barwale is not subject to any debarment from holding the office of Director, as per relevant circulars from BSE and NSE dated June 20, 2018. In accordance with SEBI Listing Regulations, further details regarding this re-designation, including a brief profile and disclosure of relationships between directors, are provided in Annexure A. Ms. Barwale is the daughter of Shri U.S. Bhartia, Chairman & Managing Director, and Smt. Jayshree Bhartia, a Director of the Company.
Meeting Details
The Board meeting during which this resolution was passed commenced at 15:45 Hrs and concluded at 16:50 Hrs on August 12, 2026.
Source: BSE
