Emami Paper Mills CEO P S Patwari resigns

Emami Paper Mills CEO P S Patwari resigns

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Emami Paper Mills on Friday said its CEO P S Patwari has resigned with effect from April 1. The company also said it has appointed Vivek Chawla as the new chief executive officer (CEO).

“Resignation of P S Patwari, executive director, from the post of chief executive officer of the company, was accepted by the board of directors with effect from April 1, 2021,” Emami Paper Mills said in a regulatory filing.

The company also announced the elevation of Chawla.

“Vivek Chawla, whole-time director, was elevated as whole-time director and chief executive officer of the company… effective April 1, 2021,” Emami Paper Mills added.

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Shares of Emami Paper Mills were trading 9.99 per cent lower at Rs 138.30 apiece on BSE.

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