StockWatch
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Paper & Paper Products
Board Meeting7 Sept 2026, 07:10 pm

Aten Papers Board Approves Auditor Appointment, Director Changes

AI Summary

Aten Papers & Foam Ltd's Board of Directors convened on September 7, 2026, approving key changes including the appointment of M/s. Alvi & Associates as Statutory Auditors for five years. Mr. Raghav Jobanputra was appointed as an Additional Non-Executive and Independent Director, while Mr. Premaram Jaitaram Patel resigned from his Non-Executive and Independent Director position. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Additionally, Mr. Mohamedarif Mohamedibrahim Lakhani's re-appointment as Managing Director for three years was approved, subject to member approval. Several material related party transactions were also approved.

Key Highlights

  • Statutory Auditors appointed for five years.
  • New Additional Non-Executive and Independent Director appointed.
  • Resignation of an Independent Director noted.
  • Key committees reconstituted.
  • Managing Director re-appointment approved.