Malu Paper Mills Limited — Others, 18-04-2025: Change in Management
18-04-2025 | 05:14 pm
18-04-2025 | 05:14 pm
Malu Paper Mills has announced a board meeting to approve the re-appointment of Shri. Punamchand Malu as Managing Director & CEO and Shri. Banwarilal Malu as Joint Managing Director for another term of five years, effective from 1 April 2025, pending shareholder approval. Both directors bring extensive experience, with over five decades and four decades, respectively, in industries such as paper, textiles, and real estate, contributing to strategic growth. This continuity in leadership may foster stability and confidence among investors, reflecting positively on the company's governance and operational trajectory.
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