Board appoints new independent director, re-designates existing one, approves land sale
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Simplex Papers' board on 16 June 2026 approved: (1) appointment of Shri Shrikrushna N. Pawar as Additional Independent Director; (2) re-designation of Smt Fatima Fernandes from Non-Executive Independent Director to Non-Executive Director, withdrawing her prior independent director approval; (3) sale/transfer of land at the closed Paper Plant in Gondia, Maharashtra. All three items need shareholder approval. No buyer or consideration has been finalized for the land sale, expected to complete within a year of approval.
New independent director adds oversight; re-designation of existing director reduces board independence. Land sale of closed plant pending shareholder nod.