Pondy Oxides And Chemicals Limited informed that Usha Sankar, Chief Financial Officer, has retired from the services of the Company on attaining the age of superannuation and will cease to be Chief Financial Officer of the Company with effect from close of business hours on 9th August 2022. Consequent to the above retirement and based on the recommendation of the Nomination and Remuneration Committee and approval of the Audit Committee, the Board of Directors or the Company at its meeting held on 10 August 2022, has appointed Mr. Vijay Balakrishnan, as Chief Financial Officer of the Company with effect from 10 August 2022. Appointment of Mr. Vijay Balakrishnan, as Chief Financial officer effective 101h August 2022, upon the retirement of Mrs. Usha Sankar by superannuation, current Chief Financial Officer from close of business hours on 91h August 2022.

Mr. Vijay Balakrishnan is a Chartered Accountant (qualified in the year 2008), having completed his Masters in Commerce from Madras University and also holds certifications like the Certified Management Accountant - USA, Certified Treasury Professional and the Post Graduate Diploma in Financial Management. Vijay has more than 14 years of leadership experience across various finance verticals such as Financial Planning & Ana lysis, Corporate Finance, Treasury, Investor Relations, and Taxation & Commercial functions in the automobile and FMCG domain in India and abroad . His core contributions are in the areas of IFRS, Treasury, Strategy & Business planning, cost optimisation, International Business operations, setting up Internal Control Systems, Business Process Transformation and major Taxation transition .

In the course of his career, Vijay has had successful stints in the area of Corporate Finance and has managed operations comprising both scale & complexity, driving transformational change agenda for the Organisation .