Aten Papers Board Approves Auditor Appointment, Director Changes

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