Shareholders Approve Re-Appointment of Whole-Time Director for Second 5-Year Term
At the AGM held on 30 September 2026, shareholders approved the re-appointment of Mr. Malay Chakrabarty (aged 67) as Whole-Time Director for a second term of 5 years, from September 30, 2026 to September 30, 2031.
- Director Re-appointed
- Mr. Malay Chakrabarty as Whole-Time Director
- Term Duration
- 5 years, from September 30, 2026 to September 30, 2031
- Director Age
- 67 years
- AGM Date
- 30 September 2026
- Retirement Type
- Retiring by rotation
What was announced
The company told BSE that its shareholders, at the Annual General Meeting held on 30 September 2026, approved two related items concerning Mr. Malay Chakrabarty (DIN: 03106149).
- Appointment of a director in his place, as he retired by rotation and, being eligible, offered himself for re-appointment.
- Re-appointment as Whole-Time Director, liable to retire by rotation, for a second term of 5 years commencing September 30, 2026 up to September 30, 2031.
About the director
Mr. Malay Chakrabarty is aged 67 years and is described as experienced in managerial, administrative and project matters. The re-appointment was based on the recommendation of the Board and the Nomination and Remuneration Committee. The company states he is not debarred from holding the office of director by virtue of any SEBI order or order of any other such authority.
How to read it
This is a leadership-continuity disclosure. An existing executive director continues in the same role for a further defined term, so day-to-day management remains unchanged. Retirement by rotation is a routine company-law requirement under which a portion of directors must step down at the AGM and may be re-appointed by shareholders.
Also from Agio Paper & Industries
Shareholders approve statutory auditor re-appointment for a second term of 5 years
1 Oct 2026
More numbers
- Term of re-appointment5 years
- Age of director67 years
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.