Huhtamaki India Limited has informed stock exchanges about the resignation of Mr. Sami Pauni (DIN: 08112919) as Non-Executive Non-Independent Director, effective January 24, 2026. The resignation was communicated through regulatory filings under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

According to the company's disclosure, Pauni submitted his resignation to pursue career opportunities outside the Huhtamaki organization. The resignation letter, dated January 22, 2026, was addressed to the Board of Directors and included his decision to step down from the company entirely.

Committee Resignations

Along with his directorship, Pauni also resigned from his positions on several board committees. His resignation encompasses multiple key committees where he served as a member:

• Nomination & Remuneration Committee
• Stakeholders' Relationship Committee
• Risk Management Committee
• Corporate Social Responsibility Committee

All committee resignations take effect from the same date as his directorship resignation.

Regulatory Compliance

The company filed the necessary disclosures with both major Indian stock exchanges. The intimation was sent to BSE Limited (Scrip code: 509820) and National Stock Exchange of India Limited (Symbol: HUHTAMAKI) as required under SEBI regulations.

The disclosure was signed by Abhijaat Sinha, Company Secretary & Legal Counsel, and included the complete resignation letter as an annexure. The company maintains its registered and corporate office at the 7th Floor, Bellona, The Walk, Hiranandani Estate, Ghodbunder Road, Thane West, Maharashtra.

Huhtamaki ppl has announced a significant leadership transition with the resignation of Managing Director Dhananjay Salunkhe, effective January 15, 2026. The company submitted the formal resignation documentation to stock exchanges, marking the end of Salunkhe's three-year tenure at the helm of the packaging company.

Leadership Transition Details

The management change involves a seamless handover process with clear timelines established for the transition:

Resignation Letter Highlights

Salunkhe submitted his resignation letter on October 15, 2025, providing the company with a three-month notice period. In his resignation communication, he expressed gratitude for the opportunity to lead the organization and work with the dedicated team. The outgoing Managing Director acknowledged his contribution to several strategic initiatives during his tenure and credited the Board for their guidance and support throughout his leadership period.

Regulatory Compliance

Huhtamaki India Limited has fulfilled all regulatory requirements related to the management change. The company initially intimated the stock exchanges about Salunkhe's resignation on September 9, 2025, under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. A follow-up communication dated October 27, 2025, provided additional details about the transition timeline and successor appointment.

Corporate Governance Framework

The resignation process demonstrates the company's adherence to proper corporate governance practices. Company Secretary and Legal Counsel Abhijaat Sinha signed the formal documentation submitted to both BSE Limited and National Stock Exchange of India Limited. The comprehensive disclosure ensures transparency for stakeholders and maintains compliance with listing regulations.

Strategic Continuity

The appointment of Kamal Taneja as the new Managing Director ensures continuity in the company's strategic direction. The one-day gap between Salunkhe's departure and Taneja's assumption of office minimizes any potential disruption to business operations. This structured transition approach reflects the company's commitment to maintaining operational stability during leadership changes.