yash pack it right papers · yash g papers pack it right 3. appointment of new chairman of the...
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papersY A S H pack it RIGHT
7/Govt/SE-1120th September, 2019
BSE LimitedDepartment of Corporate Service Phiroze Jeejeebhoy Towers,Dalai Street,Mumbai - 400 001Fax No.(022) 22722061, 41, 39, 37
Scrip Code: 516030 Trading Symbol: YASHPPR
Dear Sir/Madam,
Sub: Outcome of Board Meeting held on 20th September, 2019
This is to inform you that the Board of Directors of the Company at its meeting held today i.e. 20th September, 2019 (which commenced at 04:00 P.M. and concluded at 06:00 P.M.) has, inter-alia, transacted the following businesses:-
1. Resignation of Mr. K. D. Pudumjee, Chairman (Independent Director):-Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Mr. Kaikobad Dorab Pudumjee, Chairman (Independent Director) of the Company tendered his resignation with effect from 20th September, 2019 after conclusion of the Board Meeting. The same was considered, accepted and noted in the Board Meeting held today. Enclosed herewith are the brief details of the resignation as prescribed (Annexure 1), the content of which are self explanatory. The confirmation from Independent director is annexed herewith as Annexure-2.
2. Resignation of Mr. G. N. Gupta, Independent Director & Chairman of Audit Committee:- Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Mr. Gyanendra Nath Gupta, Independent Director and Chairman of Audit Committee of the Company tendered his resignation with effect from 20th September, 2019 after conclusion of Board Meeting. The same was considered, accepted and noted in the Board Meeting held today. Enclosed herewith are the brief details of the resignation as prescribed (Annexure 1), the content of which are self explanatory. The confirmation from Independent director is annexed herewith as Annexure-3.
ForYc * “ ...........
Yash Papers Ltd., Yash Nagar, Ayodhya 224 135, (U.R), India
P : +91 5278 208900, 208901 F : +91 5278 258062
E : [email protected] W : www.yashpapers.com
Y A S Hg papers
pack it r ig h t
3. Appointment of new Chairman of the Company:- The Board has discussed, considered and approved appointment of Mr. Pradeep Vasant Dhobale (DIN: 00274636) as new Chairman of the Company with immediate effect after conclusion of the Board Meeting.
You are requested to take on record our above said information for your reference and further needful.
You are requested to make necessary corrections in the details of Director of the Company at the website of BSE.
Thanking you,
Yours faithfully,for Yash Papers Limited
Company Secretary & Head Legal
Enel: As Above
Yash Papers Ltd., Yash Nagar, Ayodhya 224 135, (U.R), India
P : +91 5278 208900, 208901 F : +91 5278 258062
E : [email protected] W : www.yashpapers.com
Registered Office : Flat No. 202, 3A/172, Azad Nagar,
Kanpur - 208002, (U.R) India
C IN - L24231UP1981PLC005294
Y A S H^ papers
pack it RIGHT
A n n e x u re - 1 ’
Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015
I. Resignation of Mr. Kaikobad Dorab Pudumjee (DIN: 01594401), Chairman of the Company
S. No. Particulars Details1. Reason for change viz. appointment,
resignation, removal, death or otherwise
Resignation
2. Date of appointment / cessation (as applicable) & term of appointment
20tn September, 2019
3. Brief Profile in case of Appointment Not Applicable4. Disclosure of relationships between
directors (in case of appointment of a Director)
Not Applicable
5. Detailed Reason of Resignation The Board has discussed and adopted a Corporate Governance Policy in which it has been discussed and decided that the Directors would not continue after age of 75 years. Accordingly Mr. K. D. Pudumjee, Chairman of the Company has tendered his resignation with immediate effect after conclusion of Board Meeting.
6. Confirmation required from Independent Director that there is no other material reasons other than those provided
Attached as Annexure - 2
Yours faithfully,for Yash Papers Limited
Sachin Kumar Srivastava Company Secretary & Head Legal
Yash Papers Ltd., Yash Nagar, Ayodhya 224 135, (U.R), Ihdia
P : +91 5278 208900, 208901 F : +91 5278 258062
E : [email protected] W : www.yashpapers.com
Registered Office : Flat No. 202, 3A/172, Azad Nagar,
Kanpur - 208002, (U.R) India
C IN - L24231UP1981PLC005294
Y A S Hgj papers
pack it RIGHT
Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015
Annexure- 1’
II. Resignation of Mr. Gyanendra Nath Gupta (DIN: 00027502), Independent Director and Chairman of Audit Committee of the Company
S. No. Particulars Details1. Reason for change viz. appointment,
resignation, removal, death or otherwise
Resignation
2. Date of appointment / cessation (as applicable) & term of appointment
20th September, 2019
3. Brief Profile in case of Appointment Not Applicable4. Disclosure of relationships between
directors (in case of appointment of a Director)
Not Applicable
5. Detailed Reason of Resignation The Board has discussed and adopted a Corporate Governance Policy in which it has been discussed and decided that the Directors would not continue after age of 75 years, Accordingly Mr. G. N. Gupta, Independent Director & Chairman of Audit Committee has tendered his resignation with immediate effect after conclusion of Board Meeting.
6. Confirmation required from Independent Director that there is no other material reasons other than those provided
Attached as Annexure - 3
Yours faithfully,for Yash Papers Limited
hin Kumar Srivastava bmpany Secretary & Head Legal
Yash Papers Ltd., Yash Nagar, Ayodhya 224 135, (U.R), India
P : +91 5278 208900, 208901 F : +91 5278 258062
E : [email protected] W : www.yashpapers.com
Registered Office : Flat No. 202, 3A/172, Azad Nagar,
Kanpur - 208002, (U.R) India
CIN - L24231UP1981PLC005294
A nnexure - 2 ’
CONFIRMATION OF INDEPENDENT DIRECTOR
I, Kaikobad Dorab Pudumjee, hereby confirm pursuant to Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI
Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015 that that there is no other
material reasons other than those provided in the resignation letter tendered with the
Company for my resignation as an Independent Director of Yash Papers Limited (CIN:
L24231UP1981PLC005294).
Kaikobad Dorab Pudumjee
DIN: 01594401
A nnexure - 3 ’
CONFIRMATION OF INDEPENDENT DIRECTOR
I, Gyanendra Nath Gupta, hereby confirm pursuant to Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI
Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015 that that there is no other
material reasons other than those provided in the resignation letter tendered with the
Company for my resignation as an Independent Director of Yash Papers Limited (CIN:
L24231UP1981PLC005294).
Gyanendra Nath Gupta
DIN: 00027502