GRP Limited appoints Virendra Rathod as President — Marketing -; Business Development; stock zooms ~2%

5 Apr 2022 , 09:34 AM

GRP Limited, a sustainable material manufacturer of reclaimed rubber, compounded polyamide from nylon waste, and composite products based on end-of-life waste, announced that the company has appointed Mr. Virendra Rathod as its new President of Marketing & Business Development effective from April 2, 2022.

Virendra has a vast experience of over 34 years and has acted as the Board Member, Sector Head for Elastomers Business, Marketing Manager in leading organizations in the tire and petrochemicals industry.

Mr. Rathod will be responsible for developing the Reclaimed Rubber business through strategic partnerships, application development, and new technology development. In addition, Mr. Rathod will be responsible for growing the plastics business of GRP. His expertise, industry knowledge how and vision will further strengthen GRP Limited’s vision to be a circular-solutions-focused company.

Prior to joining GRP, he has worked with the leading industry players like Reliance Industries, ExxonMobil, and Ceat Limited.

GRP is currently trading at Rs1,384 up by Rs23.35 or 1.72% from its previous closing of Rs1,360.65 on the BSE. The scrip opened at Rs1,367 and has touched intraday high and low of Rs1,390 and Rs1,367 respectively.