Tamil Nadu Newsprint & Papers Limited has informed the Exchange regarding Notice of Postal Ballot
TNPL · price
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Awaiting price reaction for this filing.
Tamil Nadu Newsprint & Papers Limited (TNPL) has issued a postal ballot notice seeking shareholder approval for the appointment of Thiru Sriganesh Padmanabhan (DIN: 01861673) as an Independent Director. He was initially appointed as an Additional (Independent) Director by the Board effective 23rd December 2025 for a 3-year term ending 22nd December 2028. The appointee is a 58-year-old Chartered Accountant with 25 years of experience in auditing and consultancy, and holds no shares in TNPL. The e-voting period runs from 31st December 2025 to 29th January 2026, with results to be announced on or before 2nd February 2026. The appointment requires approval via special resolution from shareholders.
This is a routine corporate governance action to fill an Independent Director position on the board. It is unlikely to have any material impact on the stock price or shareholder value, as the appointment is subject to standard shareholder approval through postal ballot.