Chadha Papers Limited has announced significant changes to its Board of Directors, effective August 19, 2025. The company's leadership reshuffle includes the appointment of two new directors and the completion of tenure for a long-serving independent director.

New Appointments

Non-Executive Independent Director

Mr. Manmeet Singh has been appointed as a Non-Executive Independent Director for a five-year term, subject to shareholder approval. Singh's term is set to run from August 19, 2025, to August 18, 2030. With his appointment, Chadha Papers aims to leverage Singh's expertise in marketing management, consumer and market research, and strategy planning.

Additional Women Director

Mrs. Jaspreet Kaur joins the board as an Additional Women Director in a Non-Executive role. Kaur brings experience in strategic business operations, with particular strengths in human resources, marketing, and operations functions. Her appointment is also subject to shareholder approval.

Completion of Tenure

The board changes come as Mrs. Surjeet Kaur concludes her tenure as an Independent Director. Kaur's departure marks the end of her service after completing two consecutive five-year terms, highlighting her contribution to the company over the past decade.

Board Meeting Details

The decisions were made during a board meeting held on August 19, 2025, which commenced at 15:30 and concluded at 16:15. The Nomination and Remuneration Committee recommended both new appointments, underscoring the company's commitment to maintaining a diverse and skilled board.

Regulatory Compliance

In compliance with SEBI regulations, Chadha Papers has confirmed that neither Mr. Singh nor Mrs. Kaur is debarred from holding directorship positions by any SEBI or regulatory order. The company has also stated that there are no relationships between the newly appointed directors and existing board members.

These strategic appointments reflect Chadha Papers' focus on strengthening its leadership team with diverse expertise. As the company moves forward with these changes, shareholders will have the opportunity to approve the new directors, potentially shaping the future direction of the organization.

Chadha Papers Limited, with its corporate office in New Delhi and manufacturing facilities in Bilaspur, Uttar Pradesh, continues to adapt its governance structure to meet the evolving needs of the business and regulatory landscape.

Chadha Papers Limited , a prominent player in the paper manufacturing industry, has reported a significant downturn in its financial performance for the first quarter.

Financial Highlights

The company's unaudited financial results reveal:

• Net loss after tax of ₹471.38 lakhs
• Total income from operations decreased to ₹12,231.92 lakhs
• 5.7% decline in total income from the previous quarter
• 21.8% year-on-year drop in total income from ₹15,634.61 lakhs

Profitability Concerns

Chadha Papers experienced a severe hit to profitability during the quarter:

• Swung from a net profit before tax of ₹104.80 lakhs in the previous quarter
• To a net loss before tax of ₹626.14 lakhs in the current quarter

Revenue and Margin Pressure

The decline in total income suggests that Chadha Papers is facing pressure on its revenue streams. The 21.8% year-on-year decrease in income from operations points to potential issues such as:

• Reduced demand
• Pricing pressures
• Production challenges in the paper manufacturing sector

Market Implications

These results may raise concerns among investors and stakeholders about the company's short-term financial health and its ability to navigate the current market conditions in the paper industry.

Regulatory Compliance

In compliance with regulatory requirements, Chadha Papers Limited has informed the BSE Limited about the publication of these unaudited financial results in both English and Hindi language daily newspapers, as per Regulation 47 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

As the paper industry continues to face challenges, stakeholders will be keenly watching Chadha Papers Limited's strategies to improve its financial performance in the coming quarters.