Announced Mon, 29 Jun · 16:33 IST
COO change at Orient Paper: Varshney appointed, Kashikar resigns
Management Changes View source PDF
ORIENTPPR · price
▲ 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
+1.6%1-day move
₹16.80
prior close
₹16.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.6+1.8+1.7+0.8+1.2-1.1-0.1———
Up moveDown movePending
AI summary
C.S. Kashikar resigned as Chief Operating Officer effective close of business on June 29, 2026, citing personal reasons. Yogendra K. Varshney was appointed as new COO from June 30, 2026. Varshney has over 30 years of manufacturing experience and was previously Executive Director (Operations) and Chief Risk Officer at Tamil Nadu Newsprint and Papers Ltd. He has also held leadership roles at Genus Paper and Boards, Kuantum Papers, Century Pulp and Paper, Reckitt Benckiser, and Hindustan Unilever.
Likely market impact
Smooth COO transition. New COO brings deep paper industry experience, potentially supporting operational improvement.