Hitech Corporation Limited — Important, 13-11-2024: Financial Result Updates

Dr. Swaminathan Sivaram has been appointed as a Non-Executive Independent Director. He brings a wealth of experience as a polymer chemist and science administrator, having held notable positions such as the former Director of the CSIR – National Chemical Laboratory. His extensive academic credentials include a PhD in Chemistry from Purdue University and recognition as a Padma Shri awardee in 2006.

With over 250 peer-reviewed publications and numerous patents, Dr. Sivaram’s expertise in chemistry and materials science will enhance the company’s strategic focus on innovation. His role is expected to provide valuable insights as the company navigates market challenges and opportunities in the chemicals sector. The board will benefit from his extensive experience in research and development, potentially aiding in aligning operational strategies with market demands.

No familial relationships with existing directors have been disclosed, ensuring an independent perspective on the board. Overall, Dr. Sivaram's appointment seems poised to strengthen the company’s governance and strategic direction.