The Board of Directors of the Mold-Tek Packaging Limited based on the recommendation of the Nomination and Remuneration Committee approved the
appointment of Mr. Ponnuswamy Ramnath as an Additional Director (Category: Non-Executive, Independent) on the Board of the Company with effect from 17th August, 2023. Mr. Ponnuswamy Ramnath has extensive experience in sales and marketing, business development, strategy, operations and has managed businesses across diverse industries such as petrochemicals, building products, chemicals/specialty chemicals, paper and packaging board, base metals (copper) & precious metals across MNCs and Indian Corporates. Over a career spanning 30 + years, he has built-up market for new products from scratch, acquired businesses, established new applications, set up new projects and managed businesses with turnover up to 21,000 Crores (USD 3.5 Billion) with high
profitability and ROCE and has worked/was associated with esteemed organizations like Reliance Industries Limited, Vedanta Limited, J.K. Paper Limited, Jubilant Life Sciences Ltd., Praxair India Limited, Bakelite Hylam Limited etc. Currently he is acting as the Managing Partner - CEO Practice- Metals, Mining and Chemicals of Gladwin International & Company.