Seshasayee Paper and Boards Limited has informed the Exchange regarding Appointment of Mr Sri Ganesh Balakrishna Bhadti as Executive Director of the company w.e.f. July 23, 2025.
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At the Annual General Meeting held on June 14, 2025, shareholders approved two director appointments by overwhelming majority. Sri Ganesh Balakrishna Bhadti (DIN: 09634741), aged 63, has been re-appointed as Executive Director (Operations & Projects) for a 3-year term from July 23, 2025 to July 22, 2028. Sri S. Srinivas (DIN: 09713128), aged 43, has been newly appointed as Director (Finance) & Secretary, also for a 3-year term starting June 14, 2025. Both are whole-time Directors liable to retire by rotation. Both individuals are confirmed as not debarred from holding director positions by any SEBI or stock exchange order. The appointments were made under SEBI Listing Regulations disclosure requirements.
This is a routine governance update with no negative implications for shareholders. Re-appointment of the existing Operations & Projects Director ensures continuity, while the formal elevation of Sri S. Srinivas to the board as Director (Finance) & Secretary strengthens the finance leadership team. Investors are unlikely to see any material impact on the stock price from this announcement.