Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, West Coast Paper Mills Limited announced that in the Meeting of Board of Directors of the Company held on May 19, 2023 following businesses have been transacted. Shri Rajendra Jain Executive Director and CFO, resigned from the position of CFO with effect from June 1, 2023 and continue to hold position of Executive Director. Shri Rajesh Bothra has been appointed as Chief Financial Officer (CFO) of the Company with effect from June 1, 2023.

He is Vice President Corporate Finance of West Coast Paper Mills Limited and associated with the Group for more than 12 years. He worked for about 20 years in Aditya Birla Group, heading the Finance, Commercial, Taxation, Treasury and Trading Accounts in various industries and multiple locations. He has expertise in Corporate Finance, Strategic & Financial Planning, Budgeting and Costing, Fund raising, Negotiation, Liaisoning, Audit & Inspection, Mergers and Acquisition, Taxation, Treasury & Investment.

He serves as a Director on the Board of several Group companies including Andhra Paper Foundation, West Coast Opticable Limited, Bahubali Paper Limited and Wesco Defence Systems Limited. He is M.Com and Chartered Accountant with more than three decades of experience in all facets of Finance & Accounts.