Simplex Papers Appoints New Independent Director, Re-designates Another

Simplex Papers Ltd announced key changes in its board composition following a meeting on June 16, 2026. Shri Shrikrushna N. Pawar has been appointed as an Additional Director in the category of Non-Executive Independent Director, subject to shareholder approval. Concurrently, Smt Fatima Fernandes has been re-designated from Non-Executive Independent Director to Non-Executive Director, with effect from the same date. The board also approved the withdrawal of a prior approval for her appointment as an Independent Director. Additionally, the company plans to sell land pertaining to its closed paper plant in Gondia, Maharashtra, pending shareholder approval.