Polyplex Corporation Limited has announced the appointment of Mr. Rakesh Bhartia as a Non-Executive, Independent Director. Following the recommendation of the Nomination and Remuneration Committee, the Board has approved this appointment for a five-year term, effective from May 12, 2026. Mr. Bhartia brings significant expertise to the company as a qualified Chartered Accountant, Company Secretary, and Cost Accountant, with a diverse professional background across multiple industries.
Board Appointment Overview
Polyplex Corporation Limited has strengthened its leadership team with the appointment of Mr. Rakesh Bhartia. The decision, finalized during the board meeting held on May 08, 2026, aligns with the company’s commitment to robust corporate governance. Mr. Bhartia will serve in the capacity of an Independent Director, effective from May 12, 2026, for a consecutive tenure of five years.
Professional Background
Mr. Bhartia brings extensive professional experience to the organization, having been associated with various companies across multiple sectors. His qualifications include being a Chartered Accountant, Company Secretary, and Cost Accountant. The company has confirmed that Mr. Bhartia is not related to any existing members of the Board or any Key Managerial Personnel (KMP) of the organization.
Commitment to Governance
As part of the appointment process, Mr. Bhartia has provided necessary declarations confirming his eligibility to hold office, including confirmation that he has not been debarred from serving as a director by any authority. This addition to the board underscores the company’s objective of maintaining high standards of professional oversight.
Source: BSE