Andhra Paper seeks shareholder approval for two new independent directors

Andhra Paper Limited announced a postal ballot to seek shareholder approval for the appointment of two independent directors: Mr. Ramesh Kumar Aggarwal and Mr. Deepak Jalan. Both appointments are proposed for a period of three consecutive years, commencing October 29, 2025, and concluding October 28, 2028. Neither will be liable to retire by rotation, and no remuneration is payable beyond sitting fees for attending meetings.

The e-voting period for these resolutions will begin on Thursday, September 4, 2025, at 09:00 AM (IST) and close on Friday, October 3, 2025, at 05:00 PM (IST). Results are expected to be declared on or before Tuesday, October 7, 2025. Shareholders as of the cut-off date, Friday, August 29, 2025, are eligible to vote.

Mr. Aggarwal, 66, a chartered accountant and company secretary, brings 38 years of experience in finance and operations. Mr. Jalan, 62, a B.Com (Hons) graduate, has 38 years of experience, including his role as managing director of Linc Limited, a company he transformed from a small-scale enterprise to a publicly listed entity with a turnover exceeding ₹500 crores.