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Vinyl Chemicals (India) appoints Prakash D Shah as Additional Director; Stock plunges 6%

Prakash D Shah is a Solicitor and Advocate practicing in Mumbai and has experience of over 40 years.

October 06, 2021 3:04 IST | India Infoline News Service
Vinyl Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held today, have appointed Prakash D Shah as an Additional Director (Non-Executive and Independent Director) on Board of the Company with effect from October 06, 2021.

Prakash D Shah is a Solicitor and Advocate practicing in Mumbai and has experience of over 40 years. He is practicing mainly in commercial, real estate, direct and indirect taxes litigations.

He is appearing regularly before the High Courts of Mumbai and Gujarat amongst the High Courts in India. His clients include large and medium industries in India and also multinational companies.

The stocks witnessedsteep selling pressure as the stock hit intraday low at Rs302.15 per piece.

On Wednesday at around 3:01 PM, Vinyl Chemicals was trading at Rs304 apiece down by Rs19 or 5.88% on Sensex.

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