Pudumjee Paper Products Limited has issued a notice for postal ballot seeking shareholder approval for director remuneration and re-appointment matters. The company has scheduled electronic voting to address two special resolutions related to key management positions.

Postal Ballot Details and Timeline

The company has appointed KFin Technologies Limited as the Registrar and Share Transfer Agent to facilitate remote e-voting. Ms. Savita Jyoti, a Practicing Company Secretary, has been designated as the Scrutinizer for conducting the postal ballot process.

Executive Chairman Remuneration Approval

The first special resolution seeks approval for remuneration of Mr. Arunkumar Mahabirprasad Jatia, the Whole Time Director designated as Executive Chairman. The proposed remuneration package covers the period from August 1, 2026 to July 31, 2028.

Mr. Jatia, aged 63 years, holds qualifications in Finance and Business Economics from University of Southern California and is an Alumni of Harvard Business School. He possesses over 43 years of experience in Business Administration, Finance and Foreign Trade. The remuneration package includes additional benefits such as medical expenses, leave travel assistance, club membership fees, personal accident insurance, and exclusive use of company vehicles.

Executive Director Re-appointment

The second special resolution proposes the re-appointment of Dr. Ashok Kumar as Executive Director for a five-year term from May 27, 2026 to May 26, 2031. Dr. Ashok Kumar will attain 70 years of age on February 2, 2026, requiring special resolution approval under Section 196(3) of the Companies Act, 2013.

Dr. Ashok Kumar, aged 69 years, holds M.E. (Chemical) and Ph.D. (Pulp Processing) qualifications with over four decades of experience in the paper industry. He was first appointed to the Board on May 28, 2016 and has attended all Board meetings during the financial year 2024-2025 and the nine-month period from April 1, 2025 to December 31, 2025.

Company Financial Performance

The company reported strong financial performance for the year ending March 31, 2025:

Voting Process and Compliance

In compliance with MCA Circulars and SEBI regulations, the postal ballot notice is being sent only through electronic mode to members whose email addresses are registered with the company or depositories. Hard copies of postal ballot forms will not be dispatched, and members must communicate their votes through the remote e-voting system only.

Members holding shares in dematerialized form can access e-voting through their respective depository websites (NSDL/CDSL), while those holding physical shares will receive login credentials from KFin Technologies Limited. The company has provided detailed instructions for both categories of shareholders to ensure smooth participation in the voting process.

Source: Exclusive content

Pudumjee Paper Products Ltd has notified stock exchanges regarding the authorization of Key Managerial Personnel (KMP) for determining materiality of events and making regulatory disclosures. The intimation was made on 31st January, 2026, pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Authorized Key Managerial Personnel

The Board of Directors has authorized three Key Managerial Personnel severally for determining the materiality of events or information and making necessary disclosures to stock exchanges under Regulation 30 of SEBI regulations.

Regulatory Compliance Framework

This authorization enables the designated KMPs to assess and determine the materiality of corporate events and information that require disclosure to stock exchanges. The company has ensured compliance with SEBI's listing obligations by formally designating these personnel for regulatory disclosure responsibilities.

Communication and Transparency

The intimation has been communicated to both the National Stock Exchange of India Ltd. (scrip code: PDMJEPAPER) and BSE Ltd. (scrip code: 539785). The company has also made this information available on its website at pudumjee.com/notices-information/ to ensure transparency with stakeholders.

The notification was signed by Mr. Shrihari Waychal in his capacity as Company Secretary and Compliance Officer, holding ICSI Membership No. A62562. This formal authorization structure demonstrates the company's commitment to maintaining robust corporate governance and regulatory compliance standards.