Seshasayee Paper and Boards Limited has informed the Exchange regarding Appointment of Mr S SRINIVAS as Executive Director of the company w.e.f. Jun 14, 2025.
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Seshasayee Paper and Boards informed the exchanges that shareholders at the AGM held on June 14, 2025 approved two director appointments by overwhelming majority. Mr S. Srinivas (age 43) has been appointed as whole-time Director designated as 'Director (Finance) & Secretary' for a 3-year term starting June 14, 2025; he holds S.Com, ACMA, ACS, and CGMA (UK) qualifications with over 20 years of finance and compliance experience. Mr Ganesh Balakrishna Bhadti (age 63) has been re-appointed as Executive Director (Operations & Projects) for 3 years from July 23, 2025 to July 22, 2028. Both directors are liable to retire by rotation and neither is debarred from holding director office under any SEBI or stock exchange order.
These are routine board-level appointments already approved by shareholders, so no surprise element for the stock. The Finance Director appointment brings in a qualified finance professional which may strengthen financial oversight, but is unlikely to materially move the share price in the short term.