JK Paper has accepted the resignation of Anoop Seth as Independent Director, effective July 27, 2026. The departure, cited as due to personal reasons, sees Seth stepping down simultaneously from his roles as Chairman of the Audit Committee and Member of the Stakeholders Relationship Committee. Seth confirmed there are no material reasons for his resignation other than those stated in his letter.

The Board of Directors approved the acceptance following disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The filing was submitted to BSE Limited and the National Stock Exchange of India Ltd on July 27, 2026. The disclosure aligns with Part A of Schedule III of the Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025CFD-POD2/1/3762/2026 dated January 30, 2026.

Seth’s resignation takes effect from the close of business hours on July 27, 2026. As an Independent Director, he held no directorships in other listed entities at the time of resignation. His exit creates a vacancy in the Board composition and requires the company to appoint a replacement Independent Director to maintain compliance with governance norms regarding independent representation.

Resignation Details

The Board recorded its appreciation for Seth’s contribution during his tenure. President & Director Amar Singh Mehta signed the disclosure letter submitted to the exchanges. The company must now initiate the process to appoint a new Independent Director to fill the vacancy left by Seth’s departure.

JK Paper has appointed Amit Dalal as an Additional Director in the category of Independent Director for a term of five consecutive years, effective July 27, 2026. The appointment was approved by the Board of Directors at its meeting held on July 27, 2026, which commenced at 1:45 P.M and concluded at 4:15 P.M. The decision follows a recommendation from the Nomination and Remuneration Committee of Directors. The appointment remains subject to the necessary approval of the Shareholders of the Company.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations"). The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its filing with the BSE Limited and the National Stock Exchange of India Ltd.

Appointment Details

The key details of the appointment are outlined below:

Amit Dalal is not related to any Director of the Company under the Companies Act, 2013. He is not debarred or disqualified from holding the office of Director by any order of SEBI, the Ministry of Corporate Affairs, or any other statutory authority.

Profile of Appointee

Amit Dalal, aged 63 years, holds a Bachelor of Commerce from Sydenham College, Mumbai, and an MBA from the University of Massachusetts, USA. He currently serves as the Managing Director of Tata Investment Corporation Limited, having been on the Board of that company for more than 15 years.

Dalal possesses around four decades of experience in capital markets in India and vast experience in financial services. He currently serves as an Independent Director of Avadh Sugar & Energy Limited. Additionally, he is associated with charitable institutions, serving as a Member of the Governing Council of PRIDE India and as a Trustee of Taveskor Charitable Trust.