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Seshasayee Paper and Boards Limited has announced a board meeting to designate Sri. N. Gopalaratnam, Wholetime Director and Executive Chairman, as the Key Managerial Personnel due to the recent passing of Sri. K.S. Kasi Viswanathan, the former Managing Director. The Board acknowledged the significant contributions of Sri. Kasi to the company's growth over the past five decades. It was also decided not to fill the vacancy left by his demise immediately, as the company remains compliant with board composition regulations. This move reflects continuity in leadership and governance, which may bolster investor confidence in the company’s stability during this transition.