BASF India announces the resignation of Mr. Marcelo R. Lu as Non-Executive and Non-Independent Director, effective November 30, 2025. The Board has appointed Mr. Andrew George Postlethwaite as Non-Executive and Non-Independent Director, effective December 1, 2025, subject to shareholder approval. Mr. Lu is leaving to pursue career opportunities outside BASF.
Director Resignation
The Board of Directors of BASF India has acknowledged the resignation of Mr. Marcelo R. Lu (DIN: 10462274) from his position as Non-Executive and Non-Independent Director. His resignation will be effective from the close of business hours on November 30, 2025. Mr. Lu is leaving BASF to pursue other career opportunities.
New Director Appointment
Subject to shareholder approval, the Board has approved the appointment of Mr. Andrew George Postlethwaite (DIN: 03532678) as a Non-Executive and Non-Independent Director of BASF India. This appointment becomes effective on December 1, 2025.
Andrew Postlethwaite Profile
Mr. Andrew Postlethwaite, aged 61, holds a Masters in Business Administration from the University of New England, Australia. He began his career with BASF New Zealand Limited in 1986. He has held various positions, including Industry Manager in Paper Chemicals and roles in Sales & Material Management. More recently, he served as a Director on the Board of BASF South East Asia Pte. Ltd, Singapore, and in 2025 was appointed its Managing Director. He does not hold any shares in the company and is not related to any current director.
Source: BSE