Hikal Limited, a leading global speciality chemicals company, announced the appointment of Ravi Brijmohan Kapoor as Additional Director in the category of Independent Director on the company’s Board, with effect from January 11, 2024.
According to the company’s exchange filing, “the Board of Directors of the Company at its meeting held today i.e. on January 11, 2024, has unanimously approved the appointment of Mr. Ravi Brijmohan Kapoor (DIN: 01761752) as Additional Director of the Company in the category of Independent Directors for a term of 5 (five) years, effective from January 11, 2024, subject to the approval of shareholders of the Company.”
Ravi Kapoor is the promoter Director of Heubach Colour Private Ltd. (“HCPL”), owned by the Heubach family who have a 600 years’ history of business in Europe with the last 200 years in pigments. He is an Alumnus of University of Mumbai and presently resides in Vadodara, Gujarat.
The company was incorporated in 1994 and he was the Joint Managing Director from 1996 and took over as Managing Director in 2001. He has been responsible for steering the company over the last 25 years and under his leadership HCPL recorded its highest profit margin being amongst the most profitable pigment company globally as also creating one of the most sustainable and ecologically responsible companies. He is also the Chairman of Heubach Colorant India Limited, a listed company.
He has wide national and international experience and success in negotiating and finalising technology tie ups, transfers and joint ventures with British (ICI), Swiss (Bartrams), Japanese (Toyo Ink, Mitsui, DNS), Chinese and Indian companies. He has also been a key person in the Heubach Group for the acquisition process across the globe, as per the statement.
Commenting on the appointment Jai Hiremath, Chairman of Hikal, “We are pleased to welcome Mr. Ravi Kapoor, an experienced and well-known professional to the Board of Hikal. Ravi is a veteran of the industry and has in-depth experience across different segments of the chemical industry. His experience, proficiency and knowledge will further strengthen the Hikal Board.”
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