Finolex Industries appoints Udipt Agarwal as MD

Finolex Industries Limited has announced major leadership appointments. Udipt Agarwal has taken charge as Managing Director from November 1, 2025, while Rambabu Sanka took over as Director – Technical on August 2, 2025.

Udipt Agarwal, 56, brings more than 30 years of experience in the chemicals, bio-industrial, and specialty materials sectors. A B.Tech. graduate from HBTI Kanpur and an alumnus of INSEAD, he has strong expertise in operations, business management, and market development across Asia. His industry knowledge and leadership background are expected to support Finolex’s next phase of growth.

Rambabu Sanka, 63, joins with nearly 40 years of experience in chemical manufacturing, especially in VCM/PVC operations. His deep understanding of plant management and process optimisation will further strengthen Finolex’s technical and manufacturing capabilities.

Speaking on their appointments, Prakash P. Chhabria, Executive Chairman, said: “We are pleased to welcome Udipt and Rambabu to Finolex. Udipt’s strategic approach and industry experience align with our long-term growth plans, while Rambabu’s technical expertise will enhance our manufacturing strength and innovation efforts. Their combined skills will support our journey towards greater efficiency, innovation, and market leadership. We are confident that under their leadership, Finolex will continue to deliver strong value to our customers, partners, and shareholders.”

These changes follow the retirement of Saurabh Dhanorkar (Managing Director) and Saumya Chakrabarti (Director – Technical). Chhabria added: “On behalf of the Board and the entire Finolex family, we express our sincere appreciation to Saurabh and Saumya for their remarkable contributions and leadership. Their efforts have created a strong foundation for the company’s future. We are grateful for their commitment to Finolex’s values, and we wish them the very best in the years ahead.”