Syncom Formulations (India) Limited has unveiled a leadership reshuffle at its 38th Annual General Meeting, approving a trio of governance moves that position the company for its next phase of growth. Rahul Vijay Bankda has been appointed as a Director and designated Managing Director, with effect from August 12, 2026, marking a significant step in the company’s executive leadership. He is joined by Rinki Ankit Bankda, named Director and Whole Time Director, also effective August 12, 2026, signaling a tightly held leadership cadence within the promoter circle.
In a governance continuity move, the company re-appointed Ruchi Jindal as Woman Independent Director for a second five-year term, with effect from June 28, 2027. Jindal, a Chartered Accountant with more than a decade of financial and accounting experience, will continue to lend independent oversight to the board.
The announcements sketch a leadership arc that intertwines family governance with governance safeguards. Rahul Bankda is noted as a member of the promoter group and comes with a deep background in financial management and strategic insight. Rinki Bankda, described as the spouse of the current Chairman and Whole-Time Director, brings a blend of management experience to the executive team, while Jindal’s continued independence provides board-level balance to the company’s long-term strategy.
Together, these moves signal Syncom’s intent to blend hands-on executive leadership with sustained independent governance as it pursues growth and long-term sustainability in a competitive market.