YASH pack it RIGHT papers · YASH g papers pack it right 3. Appointment of new Chairman of the Company:- The Board has discussed, considered and approved appointment of Mr. Pradeep

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

mailto:[email protected]

http://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


P : +91 5278 208900, 208901 F : +91 5278 258062


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


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




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


hin Kumar Srivastava bmpany Secretary & Head Legal


P : +91 5278 208900, 208901 F : +91 5278 258062




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

Documents

YASH pack it RIGHT papers · YASH g papers pack it right 3. Appointment of new Chairman of the Company:- The Board has discussed, considered and approved appointment of Mr. Pradeep