ANDHRA PAPER LIMITED — Others, 04-01-2025: Shareholders meeting
04-01-2025 | 03:51 pm
04-01-2025 | 03:51 pm
Andhra Paper Limited has announced a board meeting to share the results of a recent postal ballot where shareholders voted on two key resolutions. The changes approved include the continuation of Mr. Shree Kumar Bangur as Non-Executive Director & Chairman and the elevation of Mr. Saurabh Bangur from Joint Managing Director to Managing Director. The resolutions received overwhelming support, with over 99% votes in favor from the promoters and significant backing from public shareholders as well. This strengthening of leadership could enhance operational stability and foster a positive outlook among investors amid changing market dynamics.
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