Ruchira Papers Limited has informed the Exchange about Appointment and change in designation of Directors w.e.f. 09.04.2026
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Ruchira Papers Limited's Board of Directors met on April 9, 2026, and approved several key leadership changes. Sh. Jatinder Singh was appointed as Managing Director (promoted from Whole-Time Director) to fill a vacancy arising from the demise of Sh. Umesh Chander Garg on January 23, 2026. Smt. Shashi Garg, a company promoter, was appointed as Additional Director and Whole-Time Director to strengthen management. Additionally, Sh. Subhash Chander Garg was designated as Chairman and Sh. Deepan Garg (from the Promoter Group) was designated as Co-Chairman, both remaining as Whole-Time Directors. All appointments are for the remaining tenure up to August 31, 2030, subject to shareholder approval.
The appointment of promoter family members to key leadership roles (Managing Director, Chairman, Co-Chairman) consolidates family control following the passing of the former Managing Director. This is a positive development for governance continuity but does not indicate any operational concerns.