Pudumjee Paper Products Limited has announced the appointment of Mrs. Shailaja Nair as Non-Executive Independent Director for a period of five years, effective November 14, 2025. The appointment was approved by shareholders through postal ballot, as disclosed in the company's communication to stock exchanges on December 18, 2025.

Director Appointment Details

The key details of Mrs. Shailaja Nair's appointment are outlined below:

Professional Background and Expertise

Mrs. Shailaja Nair brings extensive experience to the board with her MBA in Finance and over 30 years of expertise in financial services, ESG strategy, and regulatory compliance. Her professional background encompasses corporate governance, risk frameworks, Global Capability Center (GCC) setup, and IPO management.

Previous Leadership Roles

As a former Executive Committee Member and Senior Vice President at AXA Global Business Services, Mrs. Nair led finance, operations, procurement, and ESG initiatives across 26 global entities. Her leadership in sustainability and business transformation earned her multiple awards during her tenure.

Current Professional Engagement

Currently, Mrs. Nair serves as a Consultant and Advisor to a leading global consulting group, focusing on governance, business transformation, ESG, and impact investing. Her diverse expertise aligns with contemporary corporate governance requirements and strategic business needs.

Regulatory Compliance

The company confirmed that Mrs. Shailaja Nair is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. The appointment disclosure complies with SEBI Master Circular requirements and Regulation 30 of the SEBI Listing Regulations. Additionally, there are no disclosed relationships between Mrs. Nair and other directors of the company.

Crompton Greaves Consumer Electricals Limited has received a GST demand order from Kerala tax authorities, imposing a total liability of ₹1.50 lakh for alleged short liability under the reverse charge mechanism during the financial year 2021-22. The company disclosed this regulatory development to stock exchanges on December 12, 2025, under SEBI listing obligations.

GST Demand Details

The Office of the Superintendent, Ernakulam Division, Kerala, issued the demand order under Section 73 of the GST Act, 2017. The order pertains to alleged short liability paid under the reverse charge mechanism for the period April 2021 to March 2022.

Company's Response Strategy

Crompton Greaves Consumer Electricals received the order on December 11, 2025, at 4:31 PM and has outlined its response strategy based on legal consultation. The company plans to challenge the demand through the appellate process.

Key aspects of the company's approach include:

• Filing an appeal before the Commissioner (Appeals)
• Relying on the merits of the matter and prevailing law
• Seeking guidance from tax consultants
• Expecting favorable orders from appellate authorities

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD2/P/CIR/P/2023/120 dated July 11, 2023.

Financial Impact Assessment

The company has quantified the potential financial impact at ₹1.50 lakh, representing the total demand amount. This includes the primary tax liability along with interest and penalty components as determined by the tax authorities for the specified assessment period.