The Board of Directors in its meeting held on today 28th May 2026 has approved the appointment of Ms. Aarushi Chandra (DIN: 07274662) as an Additional Director on the board of the company ....
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The Board of Directors of Kay Power and Paper Ltd has approved the appointment of Ms. Aarushi Chandra as an Additional Director in the category of Non-Executive Non-Independent Director effective 28th May 2026. She is an Architect and Designer with a Bachelor's degree in Architecture from The Sushant School of Art & Architecture and has pursued design studies at Parsons School of Design, New York and Central Saint Martins, UK. Ms. Aarushi Chandra is the daughter of Mr. Niraj Chandra, Managing Director of the Company, and Mrs. Deepa Agarwal, who is also a Non-Executive Non-Independent Director on the board. She will hold office upto the next Annual General Meeting.
The appointment adds a family member of the Managing Director to the board, which may raise governance concerns for minority shareholders regarding family control and potential conflicts of interest.