Archean Chemical Industries Limited has announced a change in its key managerial personnel, with Mr. R Raghunathan resigning from his position as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company. The resignation, effective from the close of business hours on January 20, 2025, has been accepted by the Board of Directors at their meeting held on December 30, 2024. Mr. Raghunathan cited personal reasons for his resignation as stated in his letter.

In his resignation letter, Mr. Raghunathan expressed gratitude towards his colleagues, management, and board members for the support received during his tenure at Archean Chemical. The company has officially acknowledged his departure and wishes him success in his future endeavors.

To fill the position, Archean Chemical has appointed Mr. Natarajan Ramamurthy as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective January 21, 2025. Mr. Ramamurthy brings over 33 years of experience in diverse industries, including ports, oil and gas, agriculture, manufacturing, software services, and international trading. He is a qualified Chartered Accountant and Certified Public Accountant (CPA, USA), with expertise in project management, being a Project Management Professional (PMP). His extensive background in financial management and strategic roles is expected to bring significant value to Archean Chemical Industries.

This change in leadership is a part of Archean Chemical's ongoing efforts to strengthen its management team and ensure continued success and growth. The company’s stockholders and stakeholders can expect strategic leadership from Mr. Natarajan Ramamurthy, whose multifaceted expertise will contribute to the company's long-term objectives.

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