Pudumjee Paper Products Limited has informed the Exchange about Retirement
PDMJEPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Basant Kumar Khaitan (DIN: 00117129) has retired as Non-Executive Independent Director of Pudumjee Paper Products Limited with effect from 27th May 2026, upon completion of his second term tenure. He was originally re-appointed at the Annual General Meeting held on 21st August 2021 for the period 17th September 2021 to 27th May 2026. With this retirement, he also ceases to be Chairman/Member of any Board Committees. The retirement was as per Section 149 of the Companies Act, 2013. This appears to be a routine retirement at the end of a fixed tenure, not a resignation.
This is a standard governance change and has no immediate impact on company operations or stock price. Shareholders should note the reduction in board independence until a replacement independent director is appointed.