KUANTUMNSEKuantum Papers LimitedMediumNeutral
Announced Thu, 19 Mar · 18:29 IST

Kuantum Papers Limited has informed the Exchange about change in Management

Management Changes View source PDF

KUANTUM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.8%1-day move
₹79.60
prior close
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.8-7.7-9.9-14.0-18.0-12.6+5.5+0.5-2.8-5.2
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AI summary

Kuantum Papers has informed the exchanges about two board changes approved by shareholders through a postal ballot on March 19, 2026. First, Munishwar Kumar has been re-designated from Non-Executive Director to Independent Director for a 5-year term running from February 7, 2026 to February 6, 2031. Second, Jagdeep Hira, a BITS Pilani engineering graduate with 31 years of experience in specialty paper manufacturing and mill management, has been appointed as Director and Whole Time Director for 3 years effective February 7, 2026. Both individuals have been confirmed as not debarred by SEBI or any other authority, and neither holds shares in the company. Munishwar Kumar brings 35 years of entrepreneurial experience in bio-degradable packaging and M&A, while Hira has previously worked with domestic and multinational paper companies.

Likely market impact

The new Whole Time Director brings deep, hands-on specialty paper industry experience which could support operational efficiency and cost management at Kuantum Papers. Adding an Independent Director strengthens board oversight. Overall, the changes appear constructive and unlikely to be disruptive for shareholders.