StockWatch
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Paper & Paper Products
Management Change22 May 2026, 07:31 pm

TNPL: Kumar Jayant Appointed CMD, S Vijayakumar as Director

AI Summary

Tamil Nadu Newsprint & Papers Ltd (TNPL) announced the appointment of Thiru Kumar Jayant as Chairman and Managing Director, effective May 1, 2026, replacing Dr. Sandeep Saxena. Additionally, Dr. S Vijayakumar was appointed as a Director, with Thiru V Arun Roy ceasing to be a Director, both effective May 20, 2026. The board also approved a postal ballot to seek shareholder approval for these appointments. Thiru R Sridharan has been appointed as the scrutinizer for the postal ballot.

Key Highlights

  • Thiru Kumar Jayant appointed as Chairman and Managing Director of TNPL effective May 1, 2026.
  • Dr. S Vijayakumar appointed as Director of TNPL effective May 20, 2026; Thiru V Arun Roy ceases to be a Director.
  • Postal ballot approved to seek shareholder approval for the appointments of Thiru Kumar Jayant and Dr. S Vijayakumar.
  • Thiru R Sridharan appointed as scrutinizer for the postal ballot process.
  • Both appointed directors are not debarred from holding office and meet Companies Act requirements.