JK Paper Limited has informed the Exchange about change in Management
JKPAPER · price
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JK Paper's Board, on November 3, 2025, approved the inclusion of two executives in the company's Senior Management, effective the same day. Shri Ninad Mukund Gadgil, aged 54, has been formally included as Chief Executive Officer of the Packaging Business — he joins from the Murugappa Group, where he was President at Carborundum Universal and CEO at Wendt (India), and previously spent over two decades at 3M India in sales, marketing, and healthcare leadership roles. Shri Raghavendra Hebbar, aged 52, has been included as Vice President (Works), Unit CPM, bringing 31 years of pulp & paper industry experience from organisations like West Coast Paper Mills, Ballarpur Industries, Sinar Mas India, and APRIL Indonesia. Their employment terms will follow the company's HR Policy. The Board meeting ran from 1:45 PM to 5:05 PM.
This is a governance-level confirmation of senior leadership rather than a board-level change, so direct shareholder impact is limited. It signals continued investment in the packaging business and operational leadership, which may reassure investors about the company's focus on growth and modernisation.