Shareholders Approve Re-appointment of Managing Director for 3 Years
Shareholders at the 42nd AGM held on 23rd September, 2026 approved the re-appointment of Mr. Suresh Kumar Agrawal as Managing Director for a further period of 3 years w.e.f. 23rd November, 2026.
By ScoutQuest · · 1 min read
- AGM Date
- 23rd September, 2026
- MD Re-appointment Period
- 3 years w.e.f. 23rd November, 2026
- MD Name
- Mr. Suresh Kumar Agrawal
- MD Age
- 73 years
- MD Experience
- Around four decades in packaging manufacturing and international operations
What was approved
Shareholders at the 42nd Annual General Meeting held on 23rd September, 2026 approved the re-appointment of Mr. Suresh Kumar Agrawal as Managing Director for a further period of 3 years with effect from 23rd November, 2026.
Process followed
- Recommended by the Nomination and Remuneration Committee
- Approved by the Audit Committee and the Board of Directors
- Finally approved by shareholders at the AGM
About the appointee
- Aged 73 years
- Bachelor degree in Chemical Engineering from Punjab University
- Around four decades of experience in manufacturing of packaging products, international operations, business management and marketing
- Mr. Varun Agrawal, Non-Executive Director, is his son
What it means
This is a continuity in leadership rather than a change at the top. Investors generally read such re-appointments as management stability.
More numbers
- Term of re-appointment3 (Three) years
- Age of Managing Director73 years
- AGM number42nd Annual General Meeting
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