Reappointment of retiring Directors and Appointment of Independent Director
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At the 21st Annual General Meeting held on September 27, 2025, shareholders of Subam Papers Ltd approved the reappointment of two directors — Mr. Ramasubbu Venkatesh and Ms. Sudha Alagarsamy — who retired by rotation and offered themselves for reappointment. Additionally, Mr. Arunachalam Anbu Sanjeevikani (DIN 10617158) was appointed as an Independent Director for a term of 5 consecutive years, from September 27, 2025 to September 26, 2030. The new Independent Director is a Chartered Accountant with experience in financial accounting, direct and indirect tax, and statutory regulations. The announcements were made under SEBI LODR Regulation 30 disclosure requirements.
This is a routine corporate governance update with no material impact on shareholders or stock price. The addition of a qualified Independent Director with finance and tax expertise could strengthen board oversight, while the reappointments ensure continuity in management.