Announced Wed, 30 Sept, 2026 · 18:53 IST

MD Naynesh Pasari re-appointed for 3 years

Promoter Family Board EntryManagement Changes View source PDFExplain this filing

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Price reaction

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AI summary

Shareholders at the 54th AGM on September 29, 2026 approved the re-appointment of Mr. Naynesh Pasari (DIN: 00519612) as Managing Director for 3 years, from August 10, 2026 to August 09, 2029. He is not liable to retire by rotation. He holds an MBA in Finance from Walthan, USA and has wide experience in the paper industry covering accounting, marketing, finance, and export-import. He is the son of Mr. Narendra Kumar Pasari, the existing Whole Time Director.

Likely market impact

Continuity at top management as MD gets a fresh 3-year term. Reinforces family-led board structure with a second-generation director at the helm.