The Board of Directors of Orient Paper & Industries Ltd at its meeting held on January 14, 2022, has appointed Shri Ashwin Laddha as Chief Executive Officer of the Company (CEO) with effect from January 14, 2022.
Further, the Board of Directors of the Company has also in-principle decided to appoint Shri Ashwin Laddha as Managing Director & CEO 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 st 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.
Shri Ashwin Laddha, 46 years, is an MBA and holds bachelor's degree in Commerce.
Shri Ashwin is a dynamic business strategy and sales & marketing professional with a diverse background and extensive international experience across all facets of business & marketing operations, product management, sales management and finance with strengths in real-time business decision making and identifying ROI drivers.
Prior to joining Orient Paper, Shri Ashwin Ladd ha 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.
Shares of Orient Paper & Industries Limited was last trading in BSE at Rs. 33.00 as compared to the previous close of Rs. 32.80. The total number of shares traded during the day was 107504 in over 872 trades.
The stock hit an intraday high of Rs. 33.40 and intraday low of 32.55. The net turnover during the day was Rs. 3545545.00.