Leadership transition marks a new strategic phase for the RPSG Group company
Kolkata, November 3, 2025:
In a significant leadership development, PCBL Chemical Limited has announced that Mr. Kaushik Roy, Managing Director of the company, has resigned from his position with effect from November 3, 2025, citing personal reasons. Mr. Roy also ceased to serve as Chairman of the Sustainability and Risk Management Committee and CSR Committee, as well as a member of the Stakeholders Relationship Committee.
In his resignation letter, Mr. Roy expressed gratitude to the Board and colleagues for their cooperation during his tenure, stating, “I deeply appreciate the support and co-operation extended to me throughout my tenure. I wish the company continued success and all the very best for the future.”
The Board placed on record its appreciation for Mr. Roy’s contributions, acknowledging his role in driving PCBL’s strategic growth and sustainability initiatives during his leadership
New Managing Director Appointed
Following the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Nilesh Koul (DIN: 10963815) as the new Managing Director for a period of five years, effective November 3, 2025. His appointment is subject to shareholder approval through a special resolution by postal ballot.
Mr. Koul brings over 28 years of leadership experience across sectors including metals, construction materials, oil & gas, and FMCG. He has held senior roles in globally reputed organizations such as Hindalco Industries, British Petroleum (Castrol India), LafargeHolcim, and Pidilite Industries.
His most recent role was Senior President and CEO – Aluminium Downstream at Hindalco Industries Limited, where he led operations across international markets, focusing on manufacturing excellence, digital transformation, and business strategy.
Mr. Koul is a graduate of G.B. Pant University and holds a Post Graduate Diploma in Business Management (PGDBM) from IIM Ahmedabad. He also serves as a member of the Board of Aerospace India Association.
Board Meeting Summary
The Board meeting, held on 3rd November 2025 between 12:30 PM and 12:55 PM, formally approved the transition, highlighting the company’s commitment to seamless leadership continuity.
PCBL’s Company Secretary and Chief Legal Officer, Mr. K. Mukherjee, confirmed that necessary shareholder communications and postal ballot details will be shared in due course.