PCBL Limited announced that independent directors of the company at their Meeting held on 17 March, 2023 have unanimously selected Mr. Paras K Chowdhary as the Lead Independent Director, subject to his acceptance of this position, which has been duly accepted by Mr. Paras K Chowdhary. Mr. Paras K Chowdhary (71) is a science graduate. He has been associated with the Tyre and Carbon Black Industry for over 43 years.

Earlier he was employed with Apollo Tyres Limited where he started his career from a junior management position and reached the position of President and Whole-time Director within a reasonable time and he was also instrumental in turning around that company. Mr. Chowdhary is recognized as one of the foremost experts in the tyre industry in India. Mr. Paras K Chowdhary is presently Director, inter alia, in the Boards of CEAT Limited and RPG Enterprises Limited.

Earlier he was the Managing Director of CEAT Limited. Mr. Chowdhary is also the Chairman of the Audit Committee and the Nomination and Remuneration Committee of PCBL Limited.