Emami Paper Mills Shareholders Approve Sushil Kumar Khetan as Whole-time Director & CEO

Emami Paper Mills Limited has successfully concluded the appointment of Shri Sushil Kumar Khetan as Whole-time Director & Chief Executive Officer following shareholder approval through postal ballot. The appointment marks a significant leadership development for the paper manufacturing company as it strengthens its executive team with experienced industry expertise.

Appointment Details and Timeline

The shareholders approved Khetan's appointment through a postal ballot conducted via remote e-voting on January 8, 2026. The appointment became effective from December 6, 2025, establishing a three-year tenure for the new executive role.

Parameter:	Details
Effective Date:	December 6, 2025
Appointment Duration:	3 years
Approval Method:	Postal Ballot (Remote E-voting)
Voting Date:	January 8, 2026
Director Identification Number:	00358577

Executive Profile and Qualifications

Sushil Kumar Khetan brings substantial credentials to his new position as Whole-time Director & CEO. He is a Chartered Accountant who achieved All India Rank 13 in his qualification and also holds Company Secretary credentials. His professional background spans over 37 years of comprehensive experience across multiple domains critical to the paper industry.

Key Areas of Expertise

Khetan's extensive experience encompasses several vital business functions:

Paper Mill Operations and Paper & Paperboard Projects
Finance and Management Accounting
Strategy and Business Development
Legal & Taxation matters
Commercial operations and Costing
Internal Control Procedures
Human Resource Management
Information Technology and allied functions

Strategic Leadership Capabilities

The new CEO demonstrates proven strategic planning abilities with a track record of operational improvements and business growth acceleration. His expertise includes maximizing profits through cost reduction initiatives, productivity enhancement programs, and efficiency improvements while maintaining financial discipline.

Competency Area:	Specialization
Strategic Planning:	Business growth acceleration
Operations:	Cost reduction and efficiency improvements
Analysis:	ROI drivers identification
Management:	Relationship management and negotiation
Decision Making:	Real-time business decisions

Regulatory Compliance and Governance

The appointment follows all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Khetan is not debarred from holding director positions by any SEBI order or other regulatory authority, ensuring full compliance with governance standards.

The appointment received recommendations from the Nomination and Remuneration Committee and subsequent approval from the Board of Directors before being presented to shareholders for final approval. This comprehensive approval process demonstrates the company's commitment to robust corporate governance practices in executive appointments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.38%	-5.85%	-5.60%	-22.99%	-22.36%	-19.67%

Emami Paper Mills Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the appointment of Sushil Kumar Khetan as Whole-time Director and Chief Executive Officer. The company announced the voting results on January 9, 2026, following the completion of the remote e-voting process.

Overwhelming Shareholder Support

The special resolution received exceptional support from shareholders, with the voting results demonstrating strong confidence in the leadership appointment:

Voting Outcome:	Details
Votes in Favor:	43,870,481 (99.99%)
Votes Against:	3,939 (0.01%)
Total Votes Cast:	43,874,420
Participating Shareholders:	120

Appointment Details

Sushil Kumar Khetan (DIN: 00358577) has been appointed as Whole-time Director and Chief Executive Officer for a three-year term effective from December 6, 2025. The appointment includes provisions for remuneration payment and makes him liable to retire by rotation as per company regulations.

Voting Process and Participation

The postal ballot was conducted entirely through remote e-voting, facilitated by Central Depository Services (India) Limited. The voting period extended from December 10, 2025, at 9:00 AM to January 8, 2026, at 5:00 PM, with the cut-off date set as November 28, 2025.

Shareholder Category:	Participants	Votes Cast	Participation Rate
Promoter & Promoter Group:	27	43,076,121	94.97%
Public-Institutional:	1	131	0.04%
Public-Non Institutional:	92	798,168	5.40%
Total:	120	43,874,420	72.52%

Regulatory Compliance

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. MKB & Associates, Company Secretaries, served as the scrutinizer for the voting process, ensuring transparency and compliance with regulatory requirements.

The scrutinizer's report, issued by Raj Kumar Banthia, Partner at MKB & Associates, confirmed that all procedural requirements were met and the resolution was passed with the requisite majority. The voting results and scrutinizer's report are available on the company's website and the e-voting platform for shareholder reference.