Ruchira Papers Board Approves Managerial Remuneration Continuation & Re-appointment
Ruchira Papers Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the continuation of managerial remuneration for three Whole-Time Directors: Sh. Deepan Garg, Smt. Ruchica Garg Kumar, and Sh. Daljeet Singh Mandhan. This continuation is for one year, from October 1, 2026, to September 30, 2027, subject to shareholder approval. 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, also pending shareholder consent. Sh. Vipin Gupta has extensive experience in taxation, finance, and accounting, and has been with the company since 1990.
Key Highlights
- Managerial remuneration continuation approved for three Whole-Time Directors.
- Re-appointment of Sh. Vipin Gupta as CFO & Executive Director for five years approved.
- All approvals are subject to shareholder consent at the upcoming AGM.
- Sh. Vipin Gupta has significant expertise in finance and taxation.
- The changes are effective from October 1, 2026, and November 1, 2026, respectively.
Price Impact
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