A new chief at the top
At its August 14, 2026 meeting, Kingfa Science & Technology (India) approved an unusually broad set of management changes at once. Mr. Wang Dazhong is appointed Additional Director and, subject to member approval, Chairman & Managing Director for a three-year term from August 15, 2026, taking over from Mr. Bo Jingen, who resigned as Chairman & Managing Director effective the close of business on August 14, 2026 consequent to a transition to another Kingfa Group entity.
The filing states that Ministry of Corporate Affairs approval for Mr. Wang Dazhong to become a Director had been received, and that Bo Jingen confirmed there is no material reason for his resignation other than the one stated.
COO, CFO and the wider executive bench
The board reshaped its senior team alongside the top job. Mr. Sethuraman Shanmugasundaram is appointed Additional Director and Whole-time Director designated Chief Operating Officer, as Mr. Doraiswami Balaji retires from his Whole-time Director role effective September 30, 2026 after, per the filing, over 42 years in the plastics industry.
Mr. Xie Dongming — who the filing says served as the company's CFO from 2013 to 2022 — returns as Chief Financial Officer from August 15, 2026, replacing Mr. Chen Xiaoqiong, who is moving to another position within the Kingfa Group. Mr. Sun Yajie is redesignated from Whole-time Director to Non-Executive Non-Independent Director and steps down as CTO, with Mr. He Liuwei appointed CTO and Mr. Saravanan Balasundaram appointed Chief Marketing Officer. Separately, Ms. Apurva Pradeep Joshi joins as a Non-Executive Independent Director for a five-year term, as Ms. Nilima Ramrao Shinde completes her second consecutive term on October 31, 2026.
Dividend and June-quarter results
The board recommended a final dividend of ₹20 per equity share of ₹10 each for the year ended March 31, 2026, subject to member approval at the AGM, and fixed September 21, 2026 as the record date.
It also approved unaudited standalone results for the quarter ended June 30, 2026, reviewed by statutory auditor P G Bhagwat LLP, whose limited review report raised no exceptions. The company said it operates in a single reportable segment under Ind AS 108.