Management Change16 Jun 2026, 03:48 pm
Simplex Papers Appoints New Director, Re-designs Smt. Fernandes
AI Summary
Simplex Papers Ltd announced board meeting outcomes on June 16, 2026. Shri Shrikrushna N. Pawar was appointed as an Additional Director in the Non-Executive Independent category, pending shareholder approval. Smt. Fatima Fernandes was re-designated from Non-Executive Independent Director to Non-Executive Director, effective immediately. The board also approved the disposal of land at the closed paper plant in Gondia, Maharashtra, subject to shareholder consent. The meeting was brief, lasting only 30 minutes.
Key Highlights
- Shri Shrikrushna Pawar appointed as Additional Independent Director.
- Smt. Fatima Fernandes re-designated as Non-Executive Director.
- Board approved disposal of land at closed paper plant.
- Both appointments and land disposal require shareholder approval.
Price Impact
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