NSEChange in Management2d ago · 20 Jul 2026, 05:29 pm
Change in Management
Atul Limited · ATUL
✦ AI SummaryMgmt Change
Atul Limited has informed the Exchange about change in Management, with Dr Dhaval Vashi taking over as Senior Vice President, Pharmaceuticals, and Mr Vinay Desai becoming President, Technology and Manufacturing, effective July 18, 2026.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Atul Limited has informed the Exchange about change in Management
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ATUL1_20072026172841_intimation.pdf
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July 20, 2026
The Manager The Manager
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers “Exchange Plaza” C – 1, Block G
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai – 400 001 Mumbai – 400 051
Through: BSE Listing portal Through: NEAPS
Scrip code: 500027 Symbol: ATUL
Dear Sir | Madam,
Subject: Changes in senior management
Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulations”), we
inform you about changes in senior management team. The details as required under the
Regulations are as under:
a) reason for Dr Prabhakar Chebiyyam, Mr Vinay Desai, Executive Vice
change President, Pharmaceuticals, President, Technology and
b) date of retired and Mr Dhaval Vashi, took Manufacturing become a member
appointment | over charge as Senior Vice of senior management team
cessation President, Pharmaceuticals. effective July 18, 2026.
Accordingly, Dr Vashi became a
member of senior management
team effective July 18, 2026 in
place of Dr Chebiyyam.
c) brief profile (in Dr Dhaval Vashi is associated Mr Vinay Desai is associated with
case of with the Company since the Company since December
appointment) December 2022. He has about 22 2022. He has about 35 years of
years of experience in Business experience in manufacturing and
Development. He holds technology development. He
postgraduate degree in science holds a graduate degree in
(organic chemistry) and a chemical engineering.
doctorate degree in synthetic
organic chemistry.
d) disclosure of Not applicable Not applicable
relationships
between
directors
We request you to inform the members of the exchange accordingly.
Thank you,
Yours faithfully
For Atul Limited
Lalit Patni
Company Secretary and
Chief Compliance Officer