Management Change7 Sept 2026, 07:10 pm
Aten Papers & Foam Ltd: Independent Director Resigns, New Director Appointed
AI Summary
Aten Papers & Foam Ltd announced a board meeting held on September 7, 2026, where the resignation of Mr. Premaram Jaitaram Patel as Non-executive and Independent Director was accepted. The company also appointed Mr. Raghav Jobanputra as an Additional Non-Executive and Independent Director. The board also approved the appointment of M/s. Alvi & Associates as Statutory Auditors for five years and reconstituted the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. Re-appointment of Mr. Mohamedarif Mohamedibrahim Lakhani as Managing Director was also approved, subject to member approval.
Key Highlights
- Independent Director Mr. Premaram Jaitaram Patel has resigned.
- Mr. Raghav Jobanputra appointed as Additional Non-Executive and Independent Director.
- M/s. Alvi & Associates appointed as Statutory Auditors for five years.
- Board committees reconstituted with new director appointments.
- Managing Director re-appointment approved, pending member approval.
Price Impact
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