Kothari Petrochemicals Limited has informed the that the board of directors at its meeting held on May 27, 2014, have considered and approved the Mrs. Nina Bhadrashyam Kothari was appointed as additional director (non-executive & non-independent) with effect from May 27, 2014. Dr. R.K. Raghavan was appointed as additional director (independent director) with effect from May 27, 2014. Mr. G. Narayanaswamy resigned as independent director from the board with effect from May 28, 2014.

Mrs. Jayalakshmi Ramaswamy was appointed as chief financial officer with effect from May 27, 2014. and Mr. B.H. Kothari - managing director, Mr.S. Sundaramurthy - company secretary, Mrs. Jayalakshmi Ramaswamy - chief financial officer have been designated as key managerial personnel in accordance with the provisions of the Companies Act, 2013.