The board of directors of Hikal Limited at their meeting held on January 11, 2024, has unanimously approved the appointment of Ravi Kapoor as Independent Director of the company for a period of 5 years with effect from January 11, 2024, subject to the approval of the shareholders.

Ravi Kapoor is an entrepreneur and Promoter Director of Heubach Colour Private Limited owned by the Heubach family with a 600-year history of business in Europe and over 1 billion Euro in sales. He is an Alumnus of University of Mumbai and presently resides in Vadodara, Gujarat.

Over the last 25 years as Managing Director, he has been responsible for steering the company to become the most profitable pigment manufacturer globally with a leadership in sustainability. Under his stewardship the company has won several accolades for environmental protection and preservation including Best Responsible Care company from the Indian Chemical Council (ICC). He has a depth of domestic and international experience in the speciality chemicals field including technology tie ups, joint ventures, and mergers and acquisitions globally. He is a director of several of the Heubach subsidiaries in India and overseas, serves as a Board member of the Heubach Group globally and is currently the Chairman of the Sustainability and Responsible Care Expert Committee at ICC.

He has wide national and international experience and success in negotiating and finalising technology tie ups, transfers and joint ventures with British (ICI), Swiss (Bartrams), Japanese (Toyo Ink, Mitsui, DNS), Chinese and Indian companies. He has also been a key person in the Heubach Group for the acquisition process across the globe.

Commenting on the appointment Jai Hiremath, Chairman, Hikal, “We are pleased to welcome Ravi Kapoor, an experienced and well-known professional to the Board of Hikal. Ravi is a veteran of the industry and has in-depth experience across different segments of the chemical industry. His experience, proficiency and knowledge will further strengthen the Hikal Board.”