Nature of change: Re-appointment of Mr. Abhay Jain as Managing Director.
Name and DIN: Mr. Abhay Jain (DIN: 01876385).
Effective date and tenure: Re-appointed for a period of another 2 years commencing from 10th August, 2027. The present term was set to expire on 9th August 2027.
Profile: Has 31+ years of experience in the Paper Industry. Handles purchase of Raw Materials and looks after Marketing and manufacturing process of Paper and new product development. Also involved in marketing and business development of the Hotel Business of the Company.
Relationships: Nephew of Mr. Parveen Jain and Mr. Pradeep Kumar Jain.
Re-appointment of Whole-time Director
Nature of change: Re-appointment of Mr. Shiv Pravesh Chaturvedi as Whole-time Director.
Name and DIN: Mr. Shiv Pravesh Chaturvedi (DIN: 06834388).
Effective date and tenure: Re-appointed for a period of another 2 years commencing from 10th August, 2027. The present term was set to expire on 9th August 2027.
Profile: Has 28+ years of experience in the Paper Industry. Holds an M.B.A. in Human Resources from Asian Institute of Management & Technology, Delhi. Has been associated with the Company since 1996. Also holds a diploma degree in Personnel Management and Industrial Relation from Bhartiya Siksha Parishad, U.P.
Relationships: Not related to any director.
Re-appointment of Independent Director
Nature of change: Re-appointment of Ms. Shalini Rahul as Independent Director for a second term.
Name and DIN: Ms. Shalini Rahul (DIN: 09357650).
Effective date and tenure: Re-appointed for a second term of five years commencing from 10th August, 2027. The present term was set to expire on 9th August 2027.
Profile: Has expertise in Strategic Analysis, Entrepreneurship, Innovation, academics, Business Strategy, Consulting, General Management, Research and training with experience of more than Eighteen Years. Has done MBA and FPM (PhD).
Relationships: Not related to any director.
Key Financial or Operational Approvals
Re-appointment of Auditors
Internal Auditors: M/s. GMB & Associates, Chartered Accountants (ICAI Registered firm, Reg. No 022394N), re-appointed as Internal Auditors for the financial year 2026-27. Reason: Completion of previous term. Head Office located at New Delhi. Founder partner is CA Vijay Gaurav.
Cost Auditors: M/s. V K Dube & Co., Cost Accountants (Firm Registration Number 000343), re-appointed as Cost Auditors for the financial year 2026-27. Reason: Completion of previous term. Firm was set up in 2004.
Any Other Material Information
Approval Process: All re-appointments were made on the recommendation of the Audit Committee (for auditors) and Nomination & Remuneration Committee (for directors), vide Board Resolution passed in the Board Meeting held on 14th August, 2026.
Shareholder Approval: The re-appointments of directors are subject to the approval of the members in the General Meeting.
Regulatory Compliance: Disclosure made pursuant to regulation 30 and 51 of SEBI (LODR) Regulations, 2015 read with Schedule III of the said Regulations.
