Naperol Investments appoints Jayade as additional director
Key highlights
- Naperol Investments appointed Vinay Divakar Jayade as additional director effective November 11, 2026.
- Jayade’s appointment is subject to member approval and he is liable to retire by rotation.
- Naperol Investments said Jayade has more than 34 years of chemicals and industrial-materials experience.
- Half-year profit before tax rose to Rs 70.27 lakh for the period ended September 30, 2026, from Rs 14.63 lakh a year earlier.
powered by IRIS

Naperol Investments Limited appointed Vinay Divakar Jayade as an additional non-executive, non-independent director effective November 11, 2026, subject to member approval. The appointment adds an executive whose disclosed profile records more than 34 years of experience in specialty chemicals, polymers, elastomers, coatings and industrial materials.
Know Naperol Investments inside out
Results, valuation, peers and who's buying, in one view.
Who is Vinay Jayade at Naperol Investments?
Vinay Divakar Jayade is Naperol Investments’ additional director and is currently Chief Executive Officer and Whole-Time Director, classified as key managerial personnel, of National Peroxide Limited. His appointment at Naperol Investments took effect on November 11, 2026, and the disclosure identifies his Director Identification Number as 07672462.
Naperol Investments said Jayade is a Chemical Engineering graduate in Polymer Technology from MIT, Pune, and holds a Master’s Degree in Marketing Management from K. J. Somaiya Institute of Management, Mumbai. The company said his career of more than 34 years has covered business strategy, profit and loss management, manufacturing operations, business transformation, market development and acquisitions.
The disclosed sector experience spans specialty chemicals, polymers, elastomers, coatings and industrial materials. Naperol Investments’ profile also lists functional experience in sales and marketing, business development, manufacturing, technical services, strategic planning and organisational leadership, rather than assigning Jayade an executive operating role at Naperol Investments.
What are Jayade’s appointment terms at Naperol Investments?
Jayade has been appointed as an additional director who is non-executive and non-independent, effective November 11, 2026. Naperol Investments said the appointment is subject to approval by its members, making that approval the remaining disclosed governance step for his continued directorship.
He is liable to retire by rotation, the mechanism disclosed by Naperol Investments for the appointment. The filing does not disclose a term length, remuneration, committee assignment or a date on which members will consider the appointment.
Naperol Investments said none of its directors and key managerial personnel are related to one another in connection with the November 11, 2026 appointment. It also said it received Jayade’s declaration that he is not debarred from holding a directorship by an order of the Securities and Exchange Board of India (SEBI) or any other authority.
Got a follow-up? Ask IRIS
What chemicals-industry experience does Jayade bring?
Jayade brings experience from chemicals and industrial-materials companies accumulated over more than 34 years, according to Naperol Investments’ November 11, 2026 profile. Before his current position at National Peroxide Limited, he was joint-venture president of Cabot Sanmar Limited, with responsibility for business growth, operational excellence, capacity expansion and strategic initiatives with the joint-venture partner.
At ASK Chemicals India, Jayade previously served as chief executive officer and managing director. Naperol Investments said he led growth and business-expansion initiatives there, including strategic acquisitions, commissioning new manufacturing facilities, and strengthening operational and commercial processes; the filing provides no number for the acquisitions or facilities.
His earlier leadership and management roles included Reliance Industries, Lanxess India, Dow Chemical/Rohm & Haas, Ciba Specialty Chemicals, Akzo Nobel Polymer Chemicals, DCM Shriram and Caprihans India. The disclosure links these roles to work across manufacturing, technical services, market development and strategic planning in the chemicals and industrial-materials sectors.
What else did Naperol Investments disclose on November 11, 2026?
Naperol Investments also appointed Jinal Shah as whole-time company secretary and compliance officer effective November 11, 2026. Shah is an associate member of the Institute of Company Secretaries of India with membership number A51809, and Naperol Investments said she has more than 10 years of experience in secretarial, compliance and governance functions.
For the half year ended September 30, 2026, Naperol Investments reported profit before tax of Rs 70.27 lakh, compared with Rs 14.63 lakh in the half year ended September 30, 2025. Total segment revenue increased to Rs 13.379 crore from Rs 6.164 crore, with trading revenue rising to Rs 12.3101 crore from Rs 5.0769 crore while investment revenue declined to Rs 1.0689 crore from Rs 1.0871 crore.
The comparison shows that the revenue increase in the September 2026 half year came from the trading segment rather than investment. Trading segment profit before tax was Rs 27.32 lakh, compared with Rs 36.63 lakh a year earlier, while investment segment profit before tax was Rs 1.0689 crore against Rs 1.0871 crore.
For the quarter ended September 30, 2026, total segment revenue was Rs 3.9271 crore, compared with Rs 2.94 crore in the September 2025 quarter and Rs 9.4519 crore in the June 2026 quarter. Profit before tax was Rs 45.86 lakh, versus Rs 4.14 lakh a year earlier and Rs 24.41 lakh in the preceding quarter.
Naperol Investments said its audit committee reviewed and recommended the September 2026 results and its board approved them on November 11, 2026. The statutory auditors carried out a limited review of the quarter and half-year results prepared under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Conclusion
Jayade’s November 11, 2026 appointment places a current chemicals-industry chief executive on Naperol Investments’ board in a non-executive, non-independent capacity. His disclosed experience of more than 34 years accompanies a half year in which Naperol Investments’ profit before tax increased to Rs 70.27 lakh from Rs 14.63 lakh, while trading drove the rise in segment revenue.
The next disclosed matter to watch is member approval of Jayade’s directorship. Naperol Investments made the appointment conditional on that approval and did not disclose a date for the member decision in its November 11, 2026 filing.


