Seshasayee Paper and Boards Limited has informed the Exchange regarding Re-appointment of Mr. N GOPALARATNAM as Wholt-time Director, designated as Chairman of the company w.e.f. April 01, 2026.
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Shareholders of Seshasayee Paper and Boards have approved two board changes via postal ballot on March 12, 2026, with overwhelming majority. Sri N Gopalaratnam, a Mechanical Engineer with over 55 years of experience in the pulp and paper industry, has been re-appointed as Whole-time Director designated as Chairman for a three-year term from April 1, 2026 to March 31, 2029, via a Special Resolution. Additionally, Sri Anurag Mishra, an Indian Forest Service officer currently serving as Special Secretary (Environment, Climate Change) in the Government of Tamilnadu, has been appointed as a Nominee Director via an Ordinary Resolution. Both directors are not debarred from holding office under any SEBI or stock exchange orders.
This is a continuity move with the existing Chairman retained for another three-year term, while bringing in a government nominee (likely an investor or lender representative). No major governance disruption is expected, and the re-appointment should be viewed positively given the Chairman's deep industry experience. Shareholders are unlikely to see a near-term stock-moving impact from this routine disclosure.