Keltech Energies Limited Approves Change in Designation of Santosh Laxmanrao Chowgule from Managing Director to Executive -- Vice-Chairperson
May 12, 2023 at 06:38 am EDT
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Keltech Energies Limited at its Meeting held on May 12, 2023, approved the change in designation of Mr. Santosh Laxmanrao Chowgule from Managing Director to Executive - Vice-Chairperson of the Company with effect from May 12, 2023 and shall be liable to retire by rotation, subject to the approval of shareholders and such other approvals as may be required to be obtained pursuant to the applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Santosh Laxmanrao Chowgule holds degree in Bachelor's in Arts. He has been associated with Keltech Energies Limited since 1985. The company has
approved the appointment of Mr. Mahesh Vijay Wataney (DIN: 09631354) as Managing Director of the Company for a period of five (5) Years with effect from May 12, 2023 till May 11, 2028, not liable to retire by rotation, eligible for re-appointment, subject to the approval of shareholders and such other approvals as may be required to be obtained pursuant to the applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Appointment as of Mr. Mahesh Vijay Wataney (DIN: 09631354) as Managing Director of the Company for a period of five (5) years with effect from May 12, 2023 till May 11, 2028, not liable to retire by rotation, eligible for re-appointment, subject to the approval of shareholders in the upcoming Annual General Meeting. Mr. Mahesh Vijay Wataney holds a degree in Electrical Engineering. He has done his MBA from Mumbai University. He has Industry Experience of over 30 years and previously worked in Kansai Nerolac Paints Limited UPL Limited. He joined Keltech Energies Limited as Chief Executive Officer in 2020.
Keltech Energies Limited is an India-based company engaged in the manufacturing of industrial explosives and sale of perlite and perlite-based products. The Company is engaged in manufacturing cartridge explosives, bulk emulsion explosives, mono methyl amine nitrate (MMAN) solutions, accessories for explosives, expanded perlite products and perlite filter aids. It operates through two segments: Explosives and Perlite. The Explosives segment manufactures cartridge explosives, bulk emulsion explosives. The Perlite segment manufactures cryogenic insulation, industrial filter-aids, horticulture products, and others. It is also a technology provider in the area of low temperature cryogenic insulation of liquefied natural gas (LNG), ethylene, propylene, butane, propane, ethane, LOX, LIN, LAR, ammonia, cold boxes and other cryogenic equipment. It provides a range of explosives, such as packaged emulsion explosives, bulk emulsion explosives, packaged water gel explosives, and accessories.
KELTECH ENERGIES LIMITED 
