PI Industries Limited announced pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, the company informed that due to personal reasons, Mr. Rajiv Batra, Group Chief Financial Officer (KMP) of the Company has relinquished his office with effect from closing hours of July 31, 2021. The company further inform that based on the recommendation(s) of the Nomination & Remuneration Committee & Audit Committee, the Board of Directors in its meeting held on that is July 30, 2021 has approved the appointment of Mr. Manikantan Viswanathan as Chief Financial Officer ("Key Managerial Personnel") of the Company with effect from August 01, 2021.
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.