BSEGanga Papers India LtdMediumNeutral
Announced Fri, 20 Mar · 17:29 IST

Disclosure as per SEBI (LODR) Reg 2015, Resignation of Mr. Ramesh Kumar Chaudhary, from the post of Chairman w.e.f. 20.03.2026 and continue to serve as Non-Executive & Non independent Director ....

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹71.10
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AI summary

Ganga Papers India Ltd has informed the stock exchange about three board-level changes effective March 20, 2026. Mr. Ratan Kumar Singh, an Independent Director, resigned from the Board citing health reasons. Mr. Ramesh Kumar Chaudhary, who is part of the Promoter Group (father of Promoter Mr. Amit Chaudhary), stepped down as Chairperson due to pre-occupation but will continue as a Non-Executive & Non-Independent Director. In his place, Mr. Manish Kumar, an existing Non-Executive and Non-Independent Director (non-promoter) with over 19 years of marketing experience, has been appointed as the new Chairperson.

Likely market impact

The change is largely an internal reshuffle at the board level with no major disruption to operations. The departure of an Independent Director may raise minor governance concerns if not replaced soon, but the new Chairperson is already familiar with the board. Shareholders are unlikely to see a material impact on the stock price from this announcement.