Polyplex Corporation has announced a key change to its Board of Directors. Mr. Sanjiv Chadha has resigned from his position as a Non-Executive Non-Independent Director, effective May 23, 2026. Following this departure, the company has appointed Mr. Ranjit Singh to the Board as a Non-Executive Non-Independent Director, effective May 25, 2026, subject to retirement by rotation.
Board Resignation
After a long-standing association of over 20 years with Polyplex Corporation, Mr. Sanjiv Chadha has officially resigned from his role as a Non-Executive Non-Independent Director. His resignation is effective from the end of the day on May 23, 2026, citing personal and professional reasons. The Board has acknowledged his long tenure and contribution to the company’s growth.
Strategic Appointment
To fill the vacancy, the Board of Directors has approved the appointment of Mr. Ranjit Singh as an Additional Director, effective May 25, 2026. Mr. Singh brings over 40 years of experience in corporate management across Indian and international markets. He holds a strong educational background, including an engineering degree from BITS, Pilani and an MBA from IIM, Ahmedabad.
Profile of the New Director
Mr. Ranjit Singh is a seasoned professional with extensive experience in the corporate sector. Previously, he served on the Board of Polyplex Corporation for 10 years as an Independent Director. Beyond his corporate career, he is actively involved in the startup ecosystem and social sector as a consultant, mentor, and investor. He maintains no familial or professional relationship with any other directors or Key Managerial Personnel (KMP) within the company.
Source: BSE
