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Karur KCP Packkagings informs about board meeting

03 Dec 2016 Evaluate

With reference to earlier announcement dated December 02, 2016 regarding intimation about the adjournment of Board meeting, Karur KCP Packkagings has informed that the adjourned Board meeting of the Company is scheduled to be held on December 05, 2016, to consider & approve the Consolidated Audited Financial Results for the year ended 31-03-2016 and to consider and approve all AGM related matters. The above matters have been informed to all the Board Members and they have given proper consent to have the Board Meeting in the above scheduled date. In addition to the above, they wish to add the change in the designation of the Managing Director. That is K.C.Pallanishamy, shall be removed from the present responsibility as Chairman and Managing Director, CEO and KMP and he shall be designated as a Non Executive - Chairman cum Director of the Company from the conclusion of the Board meeting; and change in the designation of the Joint Managing Director. That is K.C.P.Shivraman will be appointed as the Managing Director of the Company and he will he removed from the Position as CFO and he will hold the position as CEO Company from the conclusion of the Board meeting.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JK Paper 356.10
TN Newsprints 145.55
West Coast Paper 510.65
Emami Paper Mills 86.14
Seshasayee Paper 227.15
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