PI Industries Limited Announces Cessation of Narayan K. Seshadri, Ramni Nirula and Pravin K. Laheri as an Independent Directors
September 06, 2022 at 01:08 pm IST
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PI Industries Limited announced that, Mr. Narayan K. Seshadri, Ms. Ramni Nirula and Mr. Pravin K. Laheri has completed their second consecutive term as an Independent Director of the Company on September 05, 2022 and ceases to be Independent Directors of the Company with effect from closing hours of September 05, 2022. Further, Mr. Narayan K. Seshadri has been appointed as a Non-Executive Non Independent Director of the Company effective September 06, 2022 pursuant to approval granted by the shareholders in Annual General Meeting held on September 03, 2022. The Board of Directors of the Company placed on record their deep appreciation for the contributions made by Ms. Ramni Nirula and Mr. Pravin K. Laheri during their association with the Company over the years.
PI Industries Limited is a holding company. The Company is engaged in the manufacturing and distribution of agro chemicals. The Company operates through two segments: Agro chemicals, and Pharma. The Agro chemicals segment includes Agchem exports (CSM) and Domestic Agri Brands. The Pharma segment comprises contract research and development, contract development and manufacturing of active. It also includes materials and intermediates used in the pharmaceutical industry. The Company offers services, such as research and development services, CSM services, distribution services. The research and development services comprise target, discovery, molecule design, library synthesis, lead optimization, biological evaluation and route synthesis. It also provides Shield (fungicide) and Londax Power (rice herbicide) products. It offers services in areas, such as contract research, process development, analytical method development, process safety data generation and detailed process engineering.
PI INDUSTRIES LIMITED 
