New nominee director from TIIC joins board replacing Kumar Jayant IAS
SESHAPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Seshasayee Paper and Boards has appointed Sri R.J Ramesh as an Additional Nominee Director effective July 25, 2026. He replaces Sri Kumar Jayant, IAS on the board. Ramesh is a Deputy General Manager at Tamilnadu Industrial Investment Corporation (TIIC), a government undertaking that holds nominee rights on the board. He holds B.E and MBA qualifications, is not related to any existing director, and is not liable to retire by rotation. His appointment is subject to shareholder approval via postal ballot.
Routine nominee change by institutional shareholder TIIC. No material change in control or operations expected. Shareholder approval via postal ballot pending.