NACL Industries appoints new directors, CEO, and statutory auditors

NACL Industries Limited confirmed on September 18, 2025, the approval of several key resolutions via postal ballot, with voting concluding on September 17, 2025. Members appointed Mr. Natarajan Srinivasan, Mr. S Sankarasubramanian, Dr. Raghuram Devarakonda, Mr. Suresh Subramanian, Mr. B Raghvendra Rao, and Mr. Sanjiv Lal to the board. Dr. Raghuram Devarakonda was also appointed as managing director and chief executive officer for three years, with a monthly basic salary of Rs. 12,01,350.

Additionally, M/s. S. R. Batliboi & Associates LLP were appointed as statutory auditors. The company also approved amendments to its Articles of Association, reflecting the termination of the share subscription and shareholders' agreement. These changes are effective from August 08, 2025, signaling a strategic restructuring of leadership and governance.