Andhra Paper informs about board approval for reclassification of promoter

Andhra Paper Ltd. | Paper & Paper Products | Paper & Stationary | BSE: 502330 | NSE: ANDHRAPAP

01 Oct 2020 Evaluate

Andhra Paper has informed that the Board of Directors on October 1, 2020 approved the request of IP International Holdings, for re-classification of their status from Promoter to Public in terms of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, subject to the approval of shareholders. A copy of the Resolution passed in this regard by the Board of Directors is enclosed.

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

Peers

Company Name	CMP
JK Paper	414.75
West Coast PaperMill	713.10
Seshasayee Paper	251.25
Orient Paper & Inds.	17.77
Genus Paper & Boards	12.15
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.