Shree Ajit Pulp and Paper Ltd announced the reappointment of Bela G. Shah as Whole-Time Director and CFO until February 2029, alongside the reappointment of Gautam D. Shah as Managing Director. The move reflects the company’s commitment to continuity, stability, and long-term strategic growth in India’s pulp and paper industry.
Shree Ajit Pulp and Paper Ltd has reaffirmed its leadership team with significant reappointments aimed at ensuring stability and strategic continuity. The board has approved the extension of Bela G. Shah’s tenure as Whole-Time Director and Chief Financial Officer until February 2029, underscoring confidence in her financial stewardship.
Additionally, Gautam D. Shah has been reappointed as Managing Director, reinforcing his pivotal role in guiding the company’s operational and strategic direction. These decisions highlight the company’s focus on sustained leadership and long-term growth in the competitive pulp and paper sector.
Key Highlights:
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Bela G. Shah: Reappointed as Whole-Time Director and CFO until February 2029.
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Gautam D. Shah: Reappointed as Managing Director.
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Strategic Intent: Ensure leadership continuity and strengthen governance.
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Industry Context: Pulp and paper sector remains vital amid rising demand for packaging and sustainable products.
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Outlook: Company aims to leverage experienced leadership for growth and shareholder value creation.
The reappointments reflect Shree Ajit Pulp and Paper’s proactive governance approach, positioning it for resilience and expansion in the evolving industrial landscape.
Sources: Company filing (Shree Ajit Pulp and Paper Ltd), Reuters, Business Standard.