PI Industries Limited Announces Resignation of Dr. K.V.S. Ram Rao, Whole-Time Director (Key Managerial Personnel), by 31st March, 2022
November 23, 2021 at 10:05 am EST
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PI Industries Limited announced that the Board of Directors have accepted the resignation of Dr. K.V.S. Ram Rao, Whole-time Director (Key Managerial personnel), who has expressed his desire to step down from his position by 31st March, 2022 due to his personal & family reasons including settling abroad.
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.