PCBL Chemical Limited has submitted a regulatory filing to the National Stock Exchange of India Ltd. and BSE Limited.

The disclosure is made pursuant to Regulations 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

Nature of the Event

Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the reappointment of Mr. T. C. Suseel Kumar (DIN: 06453310) as a Non-Executive Independent Director. The approval was granted via a Resolution passed by circulation on 13th October, 2026.

Key Details of Reappointment

  • Term: A second term of five (5) consecutive years.
  • Term Commencement: 27th October, 2026
  • Term End: 26th October, 2031 (both days inclusive)
  • Condition: The reappointment is subject to the approval of the shareholders of the Company by way of a Special Resolution through a Postal Ballot (e-Voting). It is also subject to any other necessary approvals.
  • The company will provide necessary details for the Postal Ballot in due course.

Director Profile and Disclosures (As per Annexure I)

The filing includes an annexure providing details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

  • Brief Profile: Mr. T.C. Suseel Kumar retired as the Managing Director of Life Insurance Corporation of India (LIC) in January 2021. His career at LIC spanned four decades, during which he held senior positions including Managing Director, Executive Director, and Zonal Manager. He managed major departments such as Marketing, CRM, HR, Finance, Audit, Corporate Governance, and Investments. He also headed LIC's foreign operations in Mauritius. As Managing Director, he handled LIC subsidiaries including LIC HFL, LIC MF, and IDBI Bank. He is noted for his expertise in analytics, data interpretation, and authoring business strategies. He pioneered market research programs targeting millennials.
  • Board Positions: Mr. Kumar has held positions on the boards of Life Insurance Corporation of India and its various Indian and overseas subsidiaries, Axis Bank, Firstsource Solutions Limited, TVS Credit Services, and LIC Housing Finance Ltd. He has been a member of multiple board committees, including Audit, Nomination and Remuneration Committee (NRC), and CSR & Risk Management Committee (RMC).
  • Other Activities: He frequently publishes articles on insurance in English business dailies.
  • Relationship Disclosure: Mr. T.C. Suseel Kumar is not related to any existing Directors, Key Managerial Personnel, or Promoters of PCBL Chemical Limited.
  • Eligibility: He is not debarred from holding the office of director by virtue of any SEBI Order or any other authority.

The letter was signed by Ravi Varma, Company Secretary and Compliance Officer of PCBL Chemical Limited, on 13th October, 2026, at 17:12:26 IST.