Huhtamaki India proposes key director appointments, including new managing director

Huhtamaki India Limited has issued a postal ballot notice dated December 5, 2025, proposing the appointment of three new directors. Kamal Taneja is proposed as a director and managing director for a three-year term starting January 16, 2026, subject to shareholder and central government approval. His proposed gross remuneration will not exceed INR 3,26,49,216 per annum, with a variable pay eligibility of 30% to 60% of his base salary.

Additionally, Axel Glade is proposed as a non-executive non-independent director, with his appointment effective from October 15, 2025. Thomas Geust is also proposed as a non-executive non-independent director, with an effective date of November 14, 2025. Both non-executive appointments are subject to shareholder approval via ordinary resolution.

The e-voting period for these resolutions commences on December 12, 2025, at 9:00 a.m. IST and concludes on January 10, 2026, at 5:00 p.m. IST. Results are expected to be announced on or before January 13, 2026. The company posted a net profit after tax of INR 879.7 million for the financial year 2024.