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Sirpur Paper Mills informs about company updates

28 Dec 2016 Evaluate

Sirpur Paper Mills has informed about the IDBI Bank has vide its letter dated November 19, 2016 withdrawn the nomination of Bardi Srinivasa Rao, from the Board of the Company and instead appointed Sandhya Bai Yashawant, General Manager, as their nominee director with effect from November 28, 2016; and LIC of India informed vide its letter dated November 24, 2016, that since Poonam Bodra their nominee on the Board of the Company was retiring from the services as Executive Director of LIC of India, has tendered her resignation as director of the Company with effect from November 24, 2016. LIC of India has also informed that they reserve their right for appointing a new Director on the Company’s Board in place of Poonam Bodra.

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

Peers
Company Name CMP
JK Paper 378.45
TN Newsprints 156.55
West Coast Paper 523.60
Emami Paper Mills 81.36
Seshasayee Paper 264.80
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