Andhra Paper Appoints Saurabh Bangur as MD for 5 Years Effective Oct 1, 2026
Andhra Paper Limited shareholders approved the re-appointment of Mr. Saurabh Bangur as Managing Director for five years, effective October 1, 2026. The decision was made at the 62nd AGM on August 11, 2026. Mr. Bangur has diverse experience and has driven significant operational and cultural transformation.
The re-appointment of the Managing Director for a significant term is a material event for the company's strategic direction and operational continuity, suggesting a medium impact.
The re-appointment of a key executive for a long term signifies stability and confidence in leadership, which is generally viewed positively by the market.
ANDHRA PAPER LIMITED announced that its shareholders, during the 62nd Annual General Meeting held on August 11, 2026, approved the re-appointment of Mr. Saurabh Bangur as the Managing Director for a period of five years. This re-appointment will be effective from October 1, 2026.
Mr. Saurabh Bangur, who holds a Commerce degree, brings extensive experience in operations, marketing, finance, human resources, sustainability, stakeholder engagement, change management, and turnaround strategy. He has been instrumental in transforming the company's operations and culture since becoming Managing Director. His leadership has focused on strategic growth, operational excellence, and long-term value creation. He has also driven modernization through Board-approved capital expenditure, including spearheading the Tissue Machine Project, aimed at diversifying the product portfolio and enhancing market competitiveness. Under his guidance, the company has fostered a high-performance work culture with an emphasis on accountability, merit-based incentives, and employee ownership, leading to improved operational discipline and organizational alignment.
Mr. Bangur has confirmed that he has not been debarred from holding the office of Director by any SEBI order or any other authority. He is related to Mr. Shree Kumar Bangur (Father) and Mr. Virendraa Bangur (Brother) and is unrelated to other Directors.
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ANDHRA PAPER LIMITED filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by ANDHRA PAPER LIMITED. Read the original for the full detail.