Orient Paper & Industries has appointed Mr. Yogendra K. Varshney as its new Chief Operating Officer, effective June 30, 2026, following the resignation of Mr. C.S. Kashikar. The Board accepted Mr. Kashikar's resignation, which was effective from the close of business hours on June 29, 2026. The company disclosed these changes in senior management personnel under Regulation 30 of the SEBI Listing Regulations.

Mr. Kashikar resigned from the position of Chief Operating Officer of the company's Amlai Paper Mills at Amlai Plant (MP) due to personal reasons. The Board placed on record its appreciation for the contributions made by Mr. Kashikar during his tenure with the company.

Mr. Yogendra K. Varshney brings over 30 years of experience in manufacturing operations, production operations, and project management. He is a Mechanical Engineering Graduate from the Institute of Engineering & Technology, Lucknow University. Before joining Orient Paper, he held the position of Executive Director (Operations) & Chief Risk Officer at Tamil Nadu Newsprint and Papers Ltd. Throughout his career, he has successfully undertaken leadership roles that include Chief Operating Officer at Genus Paper & Boards Ltd., Senior Vice President- Plant Operations at Kuantum Papers Ltd., Head (Process) at Century Pulp & Paper, Production Manager at Reckitt Benckiser India Pvt. Ltd., and Senior Executive at Hindustan Unilever Ltd.

The terms of Mr. Varshney's appointment commenced on June 30, 2026, and will continue until his resignation or upon attaining the age of retirement as per the company's policy, whichever is earlier. The detailed disclosure regarding the appointment was made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Senior Management Changes

Promoters of Orient Paper & Industries Ltd have confirmed that no shares of the company were encumbered during the financial year ended March 31, 2026. The declaration, submitted by Central India Industries Limited on behalf of the promoters and promoter group, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure provides assurance to shareholders regarding the status of promoter holdings.

The declaration was addressed to the National Stock Exchange of India and BSE Limited, confirming that neither the promoters nor the promoter group entities created any direct or indirect encumbrance on the shares. The submission was made on April 8, 2026, following an initial declaration filed on April 2, 2026. The filing was signed by Krishan Kumar Chandak, an authorised signatory for Central India Industries Limited.

Promoter and Promoter Group Details

The declaration covers a total of 16 entities, including individual promoters and corporate entities within the promoter group. The list categorises each entity to clarify their status within the company's shareholding structure.

The confirmation of unencumbered shares is a critical compliance requirement, ensuring that the promoter holdings remain free from charges or liens. This transparency is mandated by SEBI to protect the interests of minority investors and maintain market integrity.