WSTCSTPAPRNSEWest Coast Paper Mills Limited· Paper And Paper ProductsMediumNeutral
Announced Wed, 27 May · 18:51 IST

West Coast Paper Mills Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

WSTCSTPAPR · price

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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹510.00
prior close
₹522.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7-2.6-2.9-3.1+0.6+2.2+2.1+0.7+0.4-0.6+1.0+1.0
Up moveDown movePending
AI summary

West Coast Paper Mills Limited's Board of Directors met on May 27, 2026 and approved the re-appointment of three directors. Shri Prakash Kacholia, a Chartered Accountant with over three decades of capital market experience and currently on SEBI's Advisory Committee at NSE, has been re-appointed as Non-Executive Independent Director for a second term of 3 years effective November 09, 2026. Shri Rajendra Jain, Executive Director with extensive experience in strategic planning, plant operations and financial management, has been re-appointed for 2 years effective July 31, 2026. Shri Virendraa Bangur from the Bangur family business group has been re-appointed as Joint Managing Director for 3 years effective June 26, 2026. All re-appointments are subject to shareholder approval.

Likely market impact

These are routine re-appointments with continuity maintained in leadership. No immediate impact on stock price expected, though re-appointment of promoter family member Virendraa Bangur reinforces existing governance structure.