TNPL Board Approves Key Leadership Changes with I.A.S. Officials

TNPL Board Approves Key Leadership Changes with I.A.S. Officials

TNPL Board Approves Key Leadership Changes with I.A.S. Officials​

Tamil Nadu Newsprint and Papers Limited (TNPL) announced significant changes to its board of directors following a board meeting held on May 22, 2026. The company approved the appointments of two senior Indian Administrative Service (I.A.S.) officers as Chairman and Managing Director and Director, respectively.

The Government of Tamil Nadu (GOTN) formally appointed Thiru Kumar Jayant, I.A.S., as the Chairman and Managing Director of TNPL, with full additional charge. This appointment was made following a Government Order (G.O. Rt. No. 1537) dated April 30, 2026.

Subsequently, the Government of Tamil Nadu issued another order (G.O. Rt. No. 1683) on May 13, 2026, naming Thiru Kumar Jayant, I.A.S., as the Chairman and Managing Director of TNPL, effective from May 1, 2026. This role replaces Dr. Sandeep Saxena, I.A.S.

Furthermore, the board approved the appointment of Dr S Vijayakumar, I.A.S., as a Director on the board. This follows the transfer and posting of Dr S Vijayakumar, I.A.S., by the Government of Tamil Nadu, effective May 20, 2026. This assignment replaces Thiru V Arun Roy, I.A.S.

Board Appointments and Officer Details​

TNPL also provided comprehensive profiles for the newly appointed officials:

Director/ChairmanNameDate of BirthEducational Qualification
Chairman & Managing DirectorThiru Kumar Jayant, I.A.S.December 22, 1967Indian Administrative Service
DirectorDr S Vijayakumar, I.A.S.June 7, 1967I.A.S., Ph.D. (Watershed Development), M.Sc. (Bio-Technology), M.Sc. (Intl. Health Policy, LSE, U.K)

Both appointed directors are reported to have no inter se relationship with other TNPL directors and do not hold any shares in the company.

Postal Ballot Notice​

The company also confirmed the necessary process for seeking shareholder approval for these changes. A Notice of Postal Ballot was issued for shareholders to consider the appointment of Thiru Kumar Jayant, I.A.S., as Chairman and Managing Director, effective May 1, 2026, and Dr S Vijayakumar, I.A.S., as Director, effective May 20, 2026.

Key timelines for the shareholder vote include:
  • Cut-off Date for Voting: May 22, 2026.
  • Scrutinizer Appointment: Thiru. R Sridharan (ICSI Membership CP No. 3239 - FCS No. 4775) of M/s. R Sridharan & Associates, Company Secretaries, was appointed to scrutinize the Postal Ballot through remote e-voting.
  • E-voting Facility: M/s. Central Depository Services (India) Limited (CDSL) was engaged to provide the e-voting facility to all members.

The board confirmed that necessary arrangements are in place for the publication of the results in newspapers as required by listing regulations.

TNPL Stock Price Movement​

Tamil Nadu Newsprint & Papers Limited shares today slipped by 0.83% to settle at ₹149.69 in after-hours trading. The stock traded on a volume of 41,030 shares, finding support today within a range established between ₹149 and ₹151.91.
 

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