Pune: Finolex Industries Appoints new MD and Technical Director to Drive Growth

Pune, 4th December 2025: Finolex Industries Limited has made significant changes to its top management as part of its strategy to accelerate growth and strengthen operations. The company has appointed Udipt Agarwal as Managing Director with effect from November 1, 2025, while Rambabu Sanka has stepped in as Director – Technical from August 2, 2025.

Agarwal, 56, has over three decades of experience in the chemicals, bio-industrial and specialty materials sectors. He holds a B.Tech. degree from HBTI Kanpur and is an alumnus of INSEAD. The company said his background in operations and business development across Asian markets is expected to support its expansion plans.

Sanka, 63, brings nearly 40 years of expertise in chemical manufacturing, including extensive experience in VCM and PVC operations. His appointment aims to strengthen plant operations and improve process efficiency across the organisation.

Welcoming the new appointees, Finolex Industries’ Executive Chairman Prakash P. Chhabria said the leadership additions mark an important step in the company’s forward-looking plans.

“Udipt’s deep industry knowledge and strategic mindset will support our growth ambitions,” he said. “Rambabu’s technical capabilities will further boost our manufacturing excellence and innovation efforts. Their combined experience will help shape a more competitive, future-ready Finolex.”

These appointments follow the retirement of former Managing Director Saurabh Dhanorkar and former Director – Technical Saumya Chakrabarti. Chhabria acknowledged their contributions, saying they helped build a strong base for Finolex’s next phase.

“We are grateful for their leadership and commitment over the years. They have played a key role in strengthening the company and its values, and we wish them the very best for the future,” he added.