Archean Chemical Industries Limited has announced the re-appointment of its statutory auditors and two independent directors. M/S. PKF Sridhar & Santhanam LLP will serve as statutory auditors for a second term of four years, while Mr. Kandheri Munuswamy Mohandass and Mr. Chittoor Ghatambu Sethuram have been re-appointed as Independent Directors for a second term of five years, effective from December 2026, subject to shareholder approval.
Statutory Auditor Re-appointment
The company has approved the re-appointment of M/S. PKF Sridhar & Santhanam LLP as the statutory auditors. This engagement covers a second term of four consecutive years, starting from the conclusion of the 17th Annual General Meeting scheduled for June 12, 2026, and extending until the 21st Annual General Meeting in 2030. The firm, established in 1978, will continue to provide audit, advisory, and assurance services.
Strengthening Board Leadership
In addition to the auditor appointment, the board has cleared the re-appointment of two experienced Independent Directors: Mr. Kandheri Munuswamy Mohandass and Mr. Chittoor Ghatambu Sethuram. Both individuals will hold office for a second term of five consecutive years, commencing from December 06, 2026, and concluding on December 05, 2031.
Director Profiles
Mr. K M Mohandass is a Fellow Member of the Institute of Chartered Accountants of India with approximately 48 years of expertise in audit, taxation, and corporate restructuring. Mr. C G Sethuram, a Chemical Engineer and management post-graduate from IIM Ahmedabad, also brings 48 years of experience in the chemicals and specialty materials sector. Both appointments are subject to the final approval of the members at the upcoming Annual General Meeting.
Source: BSE
