PCBL Chemical has announced that Kaushik Roy has resigned as Managing Director, effective November 3, 2025, due to personal reasons. The Board has appointed Nilesh Koul as the new Managing Director for a 5-year term, pending shareholder approval. This leadership change aims to drive the company’s growth and strategic initiatives forward.
Leadership Transition
PCBL Chemical has announced a change in its leadership. Kaushik Roy has tendered his resignation from the position of Managing Director, effective November 3, 2025. According to the official statement, the resignation is due to personal reasons. Roy also ceases to be Chairman of the Sustainability and Risk Management Committee and CSR Committee, and a member of the Stakeholders Relationship Committee.
Appointment of New Managing Director
Based on the recommendation of the Nomination and Remuneration Committee, the Board has approved the appointment of Nilesh Koul as the new Managing Director of PCBL Chemical. The appointment is effective from November 3, 2025 and is subject to shareholder approval through a Special Resolution via Postal Ballot.
Nilesh Koul’s Profile
Nilesh Koul brings 28 years of leadership experience across various industries, including Metals, Construction Materials, Oil and Gas, and FMCG. He has previously worked with multinational companies such as Hindalco Industries Limited, British Petroleum, Castrol India Ltd, and Lafarge Holcim, holding roles in strategy, sales, marketing, and manufacturing.
Details of Resignation
Kaushik Roy’s resignation marks the end of his tenure as Managing Director. The company acknowledges his contributions during his time with PCBL Chemical.
Source: BSE
