Finolex Industries Limited Announces Cessation of Ajit Venkataraman as Chief Executive Officer

Finolex Industries Limited is an India-based backward-integrated manufacturer of polyvinyl chloride (PVC) pipes and fittings. The Company is engaged in manufacturing of micro irrigation systems, fittings, accessories and a range of irrigation components. The Company operates through two segments: PVC and PVC pipes and fittings. It offers a wide range of products in various sizes, pressure classes and diameters suitable for diversified applications across the two main categories: plumbing sanitation and agriculture products. Its plumbing pipes and fittings products include American Society for Testing and Materials (ASTM) pipes and fittings; chlorinated polyvinyl chloride (CPVC) pipes and fittings; soil, waste and rainwater pipe (SWR) pipes and fittings; sewerage pipes, and solvent cement, lubricant and primer. The Company's agriculture pipes and fittings products include agriculture pipes and fittings, casing pipes, column pipes, and solvent cement and lubricant.