ANDHRA PAPER LIMITED (ANDHRAPAP) — Board Meeting | 14 May 2026

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📢 Key Event
Re-appointment of Saurabh Bangur as Managing Director for five years effective October 1, 2026, subject to shareholder approval.

🔄 What Changed
Re-appointment of Managing Director for five years effective October 1, 2026.

🔮 What's Next
Subject to shareholders approval in ensuing general meeting.

💡 Investor Takeaway
Shareholders must approve the re-appointment at the upcoming general meeting.

The Board of Directors of Andhra Paper Limited approved the re-appointment of Mr. Saurabh Bangur as Managing Director for five years, effective October 1, 2026, contingent on shareholder approval at the upcoming general meeting. This decision reflects confidence in his leadership during recent operational and cultural transformation and his role in driving strategic growth initiatives like the Tissue Machine Project.

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About ANDHRA PAPER LIMITED (ANDHRAPAP)

Forest Materials · Paper Forest & Jute Products · Listed on NSE

Market Cap: ₹1,295.51 Cr P/E: 69.6

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