Seshasayee Paper and Boards Limited — Others, 03-06-2025: Disclosure under SEBI Takeover Regulations

Seshasayee Paper and Boards Limited announced the passing of its Managing Director and CEO, Sri K.S. Kasi Viswanathan, who has also ceased to be part of the promoter group. Despite this change, the promoter shareholding structure remains stable, with Ponni Sugars (Erode) Limited holding 14.02% and Dhanashree Investments Private Ltd holding 4.70%. This development may impact the company’s governance and future strategic decisions, which shareholders should monitor closely.