MAM
Prism Johnson shareholders give Aggarwal and Chandak a three-year encore
MUMBAI: Prism Johnson Ltd’s shareholders have given a resounding “yes” to continuity, reappointing Vijay Aggarwal as managing director and Sarat Kumar Chandak as whole-time director (executive director & CEO, HRJ) for another three-year stint. The decision, sealed via postal ballot and remote e-voting, confirms the shareholders’ confidence in the duo’s leadership.
Aggarwal, a seasoned veteran with a career stretching back to 2010 at Prism Johnson and 1998 at the erstwhile H. & R. Johnson (India) Limited, brings a wealth of experience to the table. An IIT Delhi and IIM Ahmedabad alumnus, complete with gold medals and a stint at SBI Capital Markets, he’s seen it all.
Chandak, who joined Prism Johnson in 2018 and ascended to his current role in 2019, boasts over 30 years of experience in the building materials industry. With a BSc from Sambalpur University, a post-graduate diploma from NIIT-Nagpur, and an MBA from Pune University, he’s a well-rounded leader.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
