Orient Paper & Industries Limited announced further, the board of directors of the company has in-principle decided to appoint Shri Ashwin Laddha as Managing Director of the company with effect from April 1, 2022, in place of Shri M. L. Pachisia whose tenure of appointment as managing director of the company shall be expiring on 31 March 2022, on such terms and conditions as may be decided by the board of directors of the Company at a subsequent meeting and subject to compliance of such formalities as may be required. Prior to joining Orient Paper, Shri Ashwin Laddha was Joint President & Regional Sales Marketing Head (Pulp & Fibre Business) of Grasim Industries Limited. He has over two decades of diverse experience across Pulp & Fibre and Telecom business.

During his career, he held leadership roles in strategic business & operational planning, global sales & marketing in Grasim Industries Limited and Sterlite Technologies Limited.