StockWatch
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Paper & Paper Products
Board Meeting12 Aug 2026, 02:28 pm

Ruchira Papers Board Approves Director Remuneration & Re-appointment

AI Summary

Ruchira Papers Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the continuation of existing managerial remuneration for Whole-Time Directors Sh. Deepan Garg, Smt. Ruchica Garg Kumar, and Sh. Daljeet Singh Mandhan for one-year terms from October 1, 2026, to September 30, 2027. Additionally, the board approved the re-appointment of Sh. Vipin Gupta as Whole-Time Director, designated as CFO & Executive Director, for a five-year term from November 1, 2026, to October 31, 2031. All these approvals are subject to shareholder consent at the upcoming Annual General Meeting.

Key Highlights

  • Managerial remuneration for three Whole-Time Directors extended for one year.
  • Re-appointment of Sh. Vipin Gupta as CFO & Executive Director for five years approved.
  • All approvals are subject to shareholder confirmation at the AGM.
  • The board meeting took place on August 12, 2026.