Orient Paper & Industries Limited — Others, 20-12-2024: Resignation

Orient Paper and Industries Limited has announced a board meeting outcome highlighting the resignation of Mr. Ashwin J. Laddha as Managing Director & CEO, effective at the close of business on December 20, 2024. The board has appointed Mr. Anant Agarwal as Additional Director and the new Managing Director & CEO for a five-year term starting December 21, 2024, pending shareholder approval. Mr. Agarwal brings a strong background in business leadership from roles at companies like Gujarat Fluorochemicals and Getinge India. This leadership transition may enhance operational direction and investor confidence, potentially positioning the company for future growth.