National Peroxide Names Vinay Jayade CEO As Rajiv Arora Resigns

Board accepted CEO Rajiv Arora's resignation citing personal reasons effective Nov 2, 2026 and appointed Vinay Jayade as CEO & Whole-Time Director for 5 years from Nov 3 (designate from Oct 1). Orderly handover with successor named avoids vacuum; appointee has 34 years chemicals leadership. First CEO change after recent CFO turnover and ERP restatement dented control credibility. Takes charge Nov 3 just as Q2 results due; continuity hinges on handover execution. Shareholder approval pending; no detail beyond personal reasons cited.