Nature of change: Appointment of Mr. Y.V. Prashanth (DIN: 00345418) as an Executive Director.
Effective date and tenure: Appointment is effective from 12th October 2026 for a period of 3 years.
Approval process: The appointment was approved by the Board of Directors at their meeting held on 12th October 2026, subject to approval of the members at the ensuing Extra Ordinary General Meeting (EGM).
Brief profile: Mr. Y.V. Prashanth attended his graduation in B. Pharmacy from Andhra University and MS in Pharmacy from USA. He was previously an Executive Director of the Company. He has experience in the field of Liquidity Management, Client Development, Marketing, Receivables and Payables Management.
Relationship with other directors: Mr. Y.V. Prashanth is the son of Sri Y.S.R. Venkata Rao, Managing Director and Promoter of the Company. He is the brother of Ms. Y. Lalithya Poorna who is Non-Executive Director and Promoter Group Shareholder of the Company.
Any Other Material Information
Regulatory compliance: This intimation is made in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated 13th July, 2023.
Company details: Alkali Metals Limited (CIN: L27109TG1968PLC001196) is located at Plot B-5, Block III, IDA, Uppal, Hyderabad - 500 039, India.
