Aten Papers Board Recommends Alvi & Associates as Statutory Auditor

Aten Papers & Foam Ltd's Board of Directors, following the Audit Committee's recommendation, has proposed the appointment of M/s. Alvi & Associates as Statutory Auditors for a five-year term from FY 2026-27 to FY 2030-31. This appointment is subject to shareholder approval at the upcoming 8th AGM. The board also approved the appointment of Mr. Raghav Jobanputra as an Additional Non-Executive and Independent Director and noted the resignation of Mr. Premaram Jaitaram Patel. Additionally, the board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Re-appointment of Mr. Mohamedarif Mohamedibrahim Lakhani as Managing Director for three years was also approved, pending shareholder consent. Several material related party transactions were also approved, subject to shareholder approval.