Ruchira Papers Announces New Leadership Appointments Following Shareholder Vote
Ruchira Papers Limited has announced key appointments to its board, confirming the designation change of Sh. Jatinder Singh to Managing Director and the appointment of Smt. Shashi Garg as an Additional Director and Whole-Time Director (Executive Director). These decisions followed resolutions approved by the Company's members via a Postal Ballot, with the voting period concluding on May 30, 2026.The appointments are effective from April 9, 2026, and provide leadership continuity following the demise of the erstwhile Managing Director, Sh. Umesh Chander Garg, on January 23, 2026.
Jatinder Singh Appointed Managing Director
The Company confirmed the appointment of Sh. Jatinder Singh (DIN: 01594919) as the Managing Director. This designation change was made while retaining his role as a Whole-Time Director.Sh. Jatinder Singh, an Engineering Graduate from Punjab University and a Promoter of the company, possesses extensive industry knowledge in paper manufacturing. His expertise covers critical operational areas such as Finance, Administration, and Raw Material Procurement. He is noted for his contribution to formulating business strategies, guiding the company's growth. His term as Managing Director covers the remaining tenure up to August 31, 2030.
Shashi Garg Appointed Additional Director and Whole-Time Director
The Company also appointed Smt. Shashi Garg (DIN: 01599284) as an Additional Director and Whole-Time Director (Executive Director). This appointment is intended to fill a vacancy on the Board and strengthen the management of the Company.Smt. Shashi Garg, a Promoter, brings rich expertise in administration, finance, accounts, management, and corporate affairs. Her professional background includes significant experience in organizational development and financial planning. Her appointment is effective from April 9, 2026, for a period extending up to August 31, 2030.
Summary of Appointments
The key details concerning the appointments are summarized below:| Director Name | New Role | Effective Date | Tenure Until | Reason for Appointment |
|---|---|---|---|---|
| Sh. Jatinder Singh | Managing Director | 09.04.2026 | 31.08.2030 | To fill a vacancy created by the demise of the erstwhile Managing Director. |
| Smt. Shashi Garg | Addl. Director & WTD (Exec. Director) | 09.04.2026 | 31.08.2030 | To fill a Board vacancy and strengthen management. |
RUCHIRA Stock Price Movement
Today, Ruchira Papers Limited shares slipped by 1.51% to close at ₹115.09. The stock traded on 30,685 shares today, settling significantly above its daily range, which extended down to ₹114.3.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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