V-Guard Industries Limited at its board meeting held on March 16, 2020, approved the appointment of Mr. Jayaraj Balakrishnan as an Additional Director (Non-Executive, Non-Independent) on the Board of the Company, effective from April 1, 2020 and designated Mr. Cherian N Punnoose, Non-Executive Independent Director, as the Chairman of the Board effective from April 1, 2020. Mr. Jayaraj has been associated with V-Guard group for more than three decades and serving as Executive Director of Veegaland Developers Pvt. Ltd., since 2010. Mr. Cherian N. Punnoose, a Fellow member of Institute of Chartered Accountants of India, joined V-Guard Industries Ltd. as Independent Director in 2012. He is presently the Vice Chainnan of the Board and member of the Audit, Nomination & Remuneration, Stakeholder Relationship and CSR Committee of the Board as well.