Board of Directors through Circular resolution appointed additional director on the board subject to further approval of members in general meeting
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APT Packaging Ltd's Board has approved the appointment of two new Non-executive Independent Directors through a circular resolution dated September 6, 2025. CA Soham Kotak, a practicing Chartered Accountant since 2018 with expertise in indirect taxation, forensic audit, and statutory audits, has been appointed for a 5-year term (September 30, 2025 to September 29, 2030) and will also serve as the Woman Director to meet statutory board diversity requirements. Adv. Sidhant Somani, a practicing advocate with expertise in legal drafting, corporate disputes, and NCLT/NCLAT representation, has also been appointed as Non-executive Independent Director for the same 5-year term. Both appointments are subject to approval from shareholders at the upcoming general meeting and require a Special Resolution. The appointments are based on recommendations of the Nomination & Remuneration Committee.
This is a routine board strengthening exercise to comply with statutory requirements, including the mandatory woman director provision. The appointments add financial/audit and legal expertise to the board, which is generally seen as positive for governance, though there is no material financial or strategic impact on shareholders from these independent director additions alone.