Whalesbook
Chemplast Sanmar Limited has appointed A R Balaji as its new Chief Financial Officer (CFO) and P Srinivasan as its new Company Secretary & Compliance Officer, effective April 1, 2026. The company announced these key leadership changes following the decision by current CFO N Muralidharan and Company Secretary & Compliance Officer M Raman to conclude their tenures on March 31, 2026. These appointments stem from what the company described as a "realignment of responsibilities."
The Board of Directors approved these changes during a meeting held on March 20, 2026. The incoming CFO and Company Secretary bring experience in treasury, corporate finance, governance, and compliance, areas critical for investor confidence and smooth business operations. Ensuring a clear and seamless handover from the outgoing executives is key to maintaining the company's operational integrity and strategic direction.
This leadership transition occurs as Chemplast Sanmar has been focusing on broader governance and management stability. Earlier this year, in January 2026, the company had announced changes to its Managing Director role and reappointment of independent directors. N Muralidharan has served as CFO since September 2021, and M Raman has held the Company Secretary & Compliance Officer position.
The company's move signals a proactive approach to its top finance and compliance roles. The April 1, 2026, effective date ensures a structured transition period designed for a smooth transfer of knowledge.
Operating in the specialty chemicals sector alongside companies like Aarti Industries, SRF Ltd., and Atul Ltd., Chemplast Sanmar relies on seasoned financial and compliance leadership to navigate evolving market dynamics and regulatory landscapes.
For the fiscal year 2024-25, the company reported consolidated revenue of ₹43.93 billion and a loss before tax of ₹169 crore. Investors will likely monitor how effectively the new CFO and Company Secretary integrate into their roles and any initial strategic directions they may propose for financial planning and compliance oversight.