Announced Wed, 30 Sept, 2026 · 18:55 IST
Shareholders approve re-appointment of MD Naynesh Pasari for 3 years
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
At the 54th AGM on September 29, 2026, shareholders approved the re-appointment of Mr. Naynesh Pasari (DIN: 00519612) as Managing Director for 3 years, effective August 10, 2026 to August 09, 2029. He holds an MBA in finance from Walthan, USA, and has rich experience in the paper industry. He is the son of Mr. Narendra Kumar Pasari, Whole Time Director, indicating continuity of promoter family leadership.
Likely market impact
Continuity at top management with promoter family MD re-appointed for 3 years; affirms stable leadership and no change in strategic direction.