AGM/EGM12 Aug 2026, 05:30 pm
Andhra Paper Ltd: Saurabh Bangur re-appointed MD for 5 years
AI Summary
Andhra Paper Ltd announced that shareholders at its 62nd Annual General Meeting (AGM) held on August 11, 2026, approved the re-appointment of Mr. Saurabh Bangur as Managing Director for a period of five years, effective October 1, 2026. Mr. Bangur, a Commerce graduate, brings extensive experience in operations, marketing, finance, and strategic leadership. He has been instrumental in the company's operational and cultural transformation, modernization initiatives, and the ongoing Tissue Machine Project. The company confirmed that Mr. Bangur has not been debarred from holding a director's office by any SEBI order or other authority.
Key Highlights
- Saurabh Bangur re-appointed as Managing Director for five years.
- Re-appointment effective from October 1, 2026.
- Shareholders approved the re-appointment at the 62nd AGM.
- Mr. Bangur has diverse experience and led company transformation.
- Confirmed no SEBI debarment from directorship.
Price Impact
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