Voith Paper Fabrics India Limited has authorized three Key Managerial Personnel (KMPs) to determine materiality and make disclosures to stock exchanges. The Board of Directors approved the appointments during its meeting on August 26, 2026.

The authorization is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified BSE Limited of the decision on the same date.

Authorized Personnel

The Board has designated specific executives for determining the materiality of events or information:

• Asesh Kumar Mukherjee: Managing Director (CEO for Listing Regulations purposes)
• Kalyan Dasgupta: Finance Controller (CFO for Listing Regulations purposes)
• Deepak Behl: Company Secretary & Compliance Officer

Deepak Behl is also authorized as the sole individual responsible for making actual disclosures to the Stock Exchange(s).

Contact Details

All authorized personnel share the same contact information for official communications.

The company has updated these details on its website, www.voithpaperfabricsindia.com , as required by listing norms.

Voith Paper Fabrics India Limited has officially disclosed that Mr. Krishna Kumar Rajamohannair has ceased to hold office as both Managing Director and Director of the company effective August 19, 2026. This cessation follows the conclusion of the company’s 56th Annual General Meeting (AGM), where shareholders rejected the ordinary resolution for his reappointment. The decision marks a significant governance shift, driven entirely by the promoter group’s dissent despite overwhelming support from public shareholders.

The disclosure, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirms that Mr. Rajamohannair (DIN: 05344619) retired by rotation but was not re-elected. As the promoter group holds approximately 99.8% of the total equity (3,252,418 shares), their unified vote against the resolution resulted in its failure. Consequently, Mr. Rajamohannair stepped down from all board roles immediately following the AGM.

AGM Outcomes and Voting Dynamics

The 56th AGM, held on August 19, 2026 via Video Conferencing/Other Audio Visual Means (OAVM), saw 55 members attend. While the reappointment of Mr. Rajamohannair was the most contentious issue, other key resolutions passed with near-unanimous support.

Public shareholders voted overwhelmingly in favour of Mr. Rajamohannair’s reappointment (99.95% assent). However, the promoter group voted entirely against the resolution. With promoters controlling nearly 99.8% of voting power, only 0.19% of total votes polled were in favour, while 99.80% were against.

Financial Approvals and Related-Party Transactions

Shareholders approved the declaration of a final dividend of ₹10 per equity share of face value ₹10 each for FY26. This resolution received strong support, with 3,258,809 votes in favour and only 3 votes against across both promoter and public categories. The audited financial statements for the year ended March 31, 2026, were also adopted with 99.99% support. Statutory auditors Price Waterhouse Chartered Accountants LLP and secretarial auditors P.C Jain & Co. provided an unqualified opinion on the financials.

Additionally, the company sought approval for material related-party transactions. The promoter group abstained from voting due to their interest in the resolution. Public shareholders approved the transactions with 5,135 votes in favour (80.31%) and 1,259 votes against (19.69%).

What the Numbers Show

The voting pattern reveals a stark divergence between promoter and public shareholder interests regarding board composition. While minority investors supported the continuity of Mr. Rajamohannair’s tenure, the controlling promoter group explicitly opposed it. This suggests an internal governance decision driven by the majority stakeholder, overriding minority preference. Meanwhile, alignment remained strong on financial matters, with both groups supporting the dividend payout and financial statements.