Kuantum Papers Limited has informed the Exchange regarding Change in Director(s) of the company.
KUANTUM · price
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Kuantum Papers Limited has informed the stock exchanges about two board changes approved by shareholders through a postal ballot on March 19, 2026. First, Shri Munishwar Kumar, who was a Non-Executive Director, has been re-designated as an Independent Director for a 5-year term running from February 7, 2026 to February 6, 2031. Second, Shri Jagdeep Hira has been appointed as a Director and Whole Time Director for a 3-year term from February 7, 2026 to February 6, 2029. Both directors are confirmed as not debarred by SEBI or any other authority. Jagdeep Hira brings 31 years of experience in specialty paper manufacturing and operations, which is directly relevant to the company's business.
These are routine governance changes. The new Whole Time Director brings deep industry expertise in paper manufacturing, which may strengthen operational execution. The addition of an Independent Director improves board independence. Neither change is likely to cause a material short-term stock price reaction.