Pursuant to the provisions of Regulation 30 of SEBI (Listing Regulations and Disclosures Requirements) Regulation, 2015, the Board of Directors at their meeting held today i.e. 30th January, ....
SAPPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shree Ajit Pulp and Paper's board has approved the re-appointment of Mr. Gautam D. Shah as Managing Director for 3 years from 1 July 2026 to 30 June 2029. The board also re-appointed Mrs. Bela G. Shah as Whole-Time Director and Chief Financial Officer for 3 years from 7 February 2026 to 6 February 2029. Both are described as main promoters of the company and are spouses of each other (Mr. Gautam Shah is husband, Mrs. Bela Shah is wife). Both re-appointments remain subject to shareholder approval at the next general meeting. The board meeting was held on 30 January 2026 from 4:30 PM to 5:30 PM.
Continuity at the top with both promoter-family directors retaining their executive roles for another 3 years, providing stability but maintaining concentrated promoter family control over management and finance. Routine positive for shareholders; no change in leadership direction expected.