Rajshree Polypack Limited re-appoints Mr. Praveen Bhatia as Non-Executive Independent Director for five years
Rajshree Polypack Limited has approved the re-appointment of Mr. Praveen Bhatia as a Non-Executive Independent Director. This decision was made by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.The appointment is set for the second term, spanning five years. The term commences from June 24, 2026, until June 23, 2031, and is subject to the approval of the company's shareholders.
Mr. Praveen Bhatia, who holds a Bachelor of Commerce degree from the University of Delhi, is also a qualified Chartered Accountant and a fellow member of ICAI. He possesses over thirty-three years of experience across various fields including audit and taxation, foreign collaborations, loan syndication, project consultation, mergers and amalgamations, issue management, and investment advisory services.
The company confirmed that Mr. Bhatia meets the criteria for independence as stipulated by regulations. Furthermore, he is not related to any other Directors of Rajshree Polypack Limited.
Key details regarding the re-appointment and the director's profile are summarized below:
| Particulars | Detail |
|---|---|
| Name | Mr. Praveen Bhatia (DIN: 00147498) |
| Reason for change | Re-Appointment |
| Date of re-appointment and term | June 24, 2026 For the second term of 5 years until June 23, 2031. |
| Brief Profile | Qualified Chartered Accountant and Fellow member of ICAI with over thirty-three years experience in advisory services, project consultation, audit, taxation, mergers & amalgamations, foreign collaborations, issue management, and loan syndication. |
| Relationship Status | Not related to any Director of the Company. |
RPPL Stock Price Movement
Today, shares of Rajshree Polypack Limited rallied, gaining 5.82% on a strong close to settle at ₹21.55. The stock traded within the day’s range, moving between a low of ₹20.14 and a high of ₹22.43.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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