Fineotex Expands Leadership Team with Mr. Chetan Shah as Independent Director

Fineotex Chemical Limited (FCL), one of India's leading multinational speciality performance chemical manufacturers, is pleased to announce the appointment of Mr. Chetan Shah as an Independent Director to its Board.

Mr. Shah brings with him over three decades of rich experience in capital markets, securities business, institutional sales, financial planning, and business advisory, having been a trusted advisor to family offices, UHNIs, and promoters.

An alumnus of Narsee Monjee College of Commerce and Economics, Mumbai, and II­­­M Ahmedabad, Mr. Shah also holds an MBA in Marketing of Financial Services from the University of Paisley, Scotland (UK).

In his professional career, Mr. Shah has held key leadership roles, including Head - Capital Markets, Senior Director & Team Leader (West) at BNP Paribas WMIPL, where he contributed from 2002 to 2020. He also serves as an Independent Director on the board of Focus Lightings and Fixtures Ltd. and is the ex-Director of Vishnu Chemicals Ltd.

Beyond his professional pursuits, Mr. Shah is a strong advocate of Impact Investments, Social Entrepreneurship, and the ESG approach. He actively contributes to several social causes and CSR initiatives, serving as a Managing Committee Member of Sangeet Mahabharati and Homeopathy College, Irla (Mumbai), and is also closely associated with Lions Clubs International.

Welcoming Mr. Shah to the Board, Mr. Sanjay Tibrewala, Executive Director, said, "We are delighted to have Mr. Chetan Shah join us as an Independent Director. His extensive expertise in financial markets and his passion for sustainable, impact-driven initiatives will be invaluable as Fineotex continues to strengthen its growth trajectory and global presence."

With this appointment, Fineotex Chemical reaffirms its commitment to building a strong leadership framework that fosters innovation, sustainability, and long-term value creation for its stakeholders.

Shares of Fineotex Chemical Limited was last trading in BSE at Rs. 251.35 as compared to the previous close of Rs. 255.25. The total number of shares traded during the day was 16514 in over 594 trades.

The stock hit an intraday high of Rs. 255.65 and intraday low of 250.85. The net turnover during the day was Rs. 4169350.00.

Source : Equity Bulls

Keywords

FineotexChemical INE045J01026 FCL SpecialtyChemicals Appointment IndependentDirector