Seshasayee Paper and Boards Ltd Appoints R.J Ramesh as Additional Director from TIIC
Seshasayee Paper and Boards Ltd has approved the appointment of Sri R.J Ramesh, a nominated director representing the Tamilnadu Industrial Investment Corporation Limited (TIIC), as an Additional Director on its board.The decision was made by the Board of Directors during a meeting held on July 25, 2026. Sri R.J Ramesh, who currently serves as Deputy General Manager (IA/ISO/PP) at TIIC in Chennai, is being appointed to the company as a nominee director, replacing Sri Kumar Jayant.
The appointment of Sri R.J Ramesh requires subsequent approval from the shareholders. The company intends to seek this approval through a Postal Ballot Process and has approved the corresponding Postal Ballot Notice to be sent to shareholders via an Ordinary Resolution.
Key details regarding the newly appointed director are summarized below:
| Attribute | Details |
|---|---|
| Director Identification Number | 11821767 |
| Date of Birth and Age | August 19, 1967 (58 Years) |
| Qualification | B.E., MBA |
| Date of Appointment | July 25, 2026 |
| Brief Profile | Deputy General Manager (IA/ISO/PP) at the Tamilnadu Industrial Investment Corporation Limited. |
| Relationship Disclosure | Sri R.J Ramesh is not related to any other Director on the board under Section 2(77) of the Companies Act, 2013 read with 2014. |
The Board confirmed that Mr. Ramesh was appointed as an Additional Director, not liable to retire by rotation, pending shareholder ratification via postal ballot.
SESHAPAPER Stock Price Movement
On Friday, shares of Seshasayee Paper and Boards Limited gained ground, closing at ₹230.23 after rallying 1.03%. The stock settled with a trading volume of 66,022 shares in the normal market session.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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