Ruchira Papers Limited has informed the Exchange regarding Appointment and change in designation of Directors
RUCHIRA · price
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Ruchira Papers Limited's Board meeting on April 9, 2026 approved several leadership changes following the demise of Sh. Umesh Chander Garg on January 23, 2026. Sh. Jatinder Singh has been elevated from Whole-Time Director to Managing Director to fill the vacancy. Smt. Shashi Garg, a company promoter, has been appointed as Additional Director and Whole-Time Director. Additionally, Sh. Subhash Chander Garg has been designated as Chairman and Sh. Deepan Garg as Co-Chairman of the Company. All appointments are effective from April 9, 2026, for tenure up to August 31, 2030, subject to shareholder approval.
The company is reinforcing its leadership with promoter family members following the recent death of a key executive. This signals continuity of promoter control and stability in management, which may be viewed positively by existing shareholders.