Indokem Limited announced that Mr. Arupkumar Basu, Non-executive Director of the Company has been appointed as Managing Director of the Company at the meeting of the Board of Directors of the Company held on 25th July, 2023 and approved by the shareholders at the 57th Annual General Meeting of the Company held on 31st August, 2023 with effect from the date of the scheme of amalgamation between the Company and Refnol Resins and Chemicals Limited becoming effective for the period of 3 consecutive years. The said scheme of amalgamation between the Company and Refnol Resins and Chemicals Limited has become effective from 29th September, 2023 after filing of necessary forms with Ministry of Corporate Affairs /Registrar of Companies, Mumbai on 29th September, 2023. Mr. Arup Kumar Basu (DIN: 00906760) is a B. Tech, Chemical Engineering from IIT, Bombay and has obtained a postgraduate management degree from IIM, Ahmedabad.

and has an experience of over 40 years in this industry.