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KG Petrochem's board approved a Rs 3.5 crore guarantee and director re-appointments
30-Jul-2026, 09:35
KG Petrochem Limited announced that its board approved a corporate guarantee of Rs 3.5 crore in favor of M/s. Suave Casa Ideas Private Limited, subject to shareholder approval at the company's Annual General Meeting on August 26th, 2026. The board also re-appointed Manish Singhal as Managing Director, Prity Singhal as Whole Time Director, and Gauri Shanker Kandoi as Chairman cum Whole Time Director, all for terms of three years, pending shareholder approval. Additionally, the board approved the appointment of Anjal Kejriwal as a Non-Executive Additional Director, with a term until the conclusion of the next general meeting, and subsequently as a Non-Executive Independent Director for five years. The company's register of members and share transfer books will be closed from August 20th to August 26th, 2026.
KG Petrochem Limited announced that its board approved a corporate guarantee of Rs 3.5 crore in favor of M/s. Suave Casa Ideas Private Limited, subject to shareholder approval at the company's Annual General Meeting on August 26th, 2026. The board also re-appointed Manish Singhal as Managing Director, Prity Singhal as Whole Time Director, and Gauri Shanker Kandoi as Chairman cum Whole Time Director, all for terms of three years, pending shareholder approval. Additionally, the board approved the appointment of Anjal Kejriwal as a Non-Executive Additional Director, with a term until the conclusion of the next general meeting, and subsequently as a Non-Executive Independent Director for five years. The company's register of members and share transfer books will be closed from August 20th to August 26th, 2026.