Key Resolutions for Shareholder Approval
Item No. 1: Appointment as Director
- Appointment of Mr. Asesh Kumar Mukherjee (DIN: 11908288) as a Director of the Company
- Proposed as a Special Resolution
- Term of office subject to retirement by rotation
Item No. 2: Appointment as Managing Director
- Appointment of Mr. Asesh Kumar Mukherjee (DIN: 11908288) as Managing Director of the Company
- Proposed as a Special Resolution
- Term: Five years from 26th August, 2026 to 25th August, 2031 (both days inclusive)
- Also appointed as Key Managerial Person (KMP) and CEO for listing compliance purposes
Voting Details
Remote E-voting Period
- Commencement: 09:00 a.m. (IST) on Thursday, 17th September, 2026
- End: 5:00 p.m. (IST) on Friday, 16th October, 2026
Cut-off Date
Friday, 11th September, 2026 - for determining eligibility to vote
Voting Method
- Remote e-voting only (no physical ballot forms)
- Facility provided through Central Depository Services (India) Limited (CDSL)
- Voting website: www.evotingindia.com
- No proxy voting allowed
Scrutinizer Appointment
- CS P C Jain (FCS No. 4103), Managing Partner, M/s. P.C. Jain & Co., Company Secretaries appointed as Scrutinizer
- Will submit report to Chairman after scrutiny completion
- Scrutinizer's decision on validity of postal ballot shall be final
Result Announcement
- Voting results along with Scrutinizer's report to be communicated to BSE Limited
- Results to be announced within two working days from end of voting period
- Results will be uploaded on company website (www.voithpaperfabricsindia.com) and CDSL website
- Resolution deemed passed on last voting date (16th October, 2026) if approved by requisite majority
Director Profile: Mr. Asesh Kumar Mukherjee
Qualifications
- B.E. (Mechanical Engineering) from Jadavpur University, First Class Honours
- Executive PGDBM from University of Indianapolis, USA
- Fellow of The Institution of Engineers (India)
- Chartered Engineer (India)
- Diploma in International Marketing Management
- Leadership & Management training at IIM Bangalore and ISB Hyderabad
Experience
- 35+ years of diverse leadership experience across manufacturing-led industries
- Expertise in Paper & Paperboard, Packaging & Printing, Chemicals and Steel
- Previous senior positions at ITC Limited, Ballarpur Industries Limited (BILT), DIC India Limited, Siegwerk India Private Limited, Kuantum Papers Limited, and MN Dastur Private Limited
Personal Details
- Date of Birth: 17th September, 1965
- Age: 60 years
- DIN: 11908288
- Current shareholding in company: Nil
- No directorships in other listed companies
- No resignations from listed entities in last 3 years
Remuneration Details
Salary Components
- Basic salary, House Rent Allowance, Other Allowance including Car lease rental, Leave Travel Allowance, National Pension Scheme/Superannuation, Provident Fund, Gratuity
- Management Compensation Directive/Variable Compensation
- Total not exceeding ₹2.90 million per month
- Annual aggregate: ₹34.80 million
- Authority to Chairman/Nomination & Remuneration Committee to determine exact remuneration within limits
Other Perquisites
- Encashment of leave
- Employee loan
- Healthcare benefits
- Personal accident insurance policy
- Health insurance policy
- Travel insurance
- Group term life insurance
- Club memberships
- Car on lease with driver/fuel
- Mobile/telephone communication devices
- Any other perquisite as per company policy
Remuneration Conditions
- Payable even if exceeds limits specified under Section 197(1) of Companies Act 2013 read with Schedule V
- In case of loss or inadequacy of profit, remuneration governed by Section 197(3) read with Schedule V
Additional Information
- Mr. Mukherjee attended one Board Meeting on 26th August 2026
- No relationship between Mr. Mukherjee and other Directors/Key Managerial Personnel
- No other Directors/Key Managerial Personnel are interested in the resolutions
- Notice available on company website: www.voithpaperfabricsindia.com