Late. Shri. Pramod Kumar Agarwal
Founder Promoter (02.04.1945 – 06.05.2021)
With Profound grief and sorrow, we inform that Late. Shri. Pramod Kumar Agarwal, Chairman, Naini Papers Limited, left for heavenly abode on 06th May 2021 after a brief illness.
Shri. Pramod Kumar Agarwal was associated with the Company since its inception. As an Executive Chairman for more than two and half decades, he pioneered to imbibe the best procedural standards with entrepreneurship in the Company. He was a humble and down-to-earth individual who led the Company without being in the limelight.
Shri Pramod Kumar Agarwal was instrumental in strengthening the symbiotic relationship with various stakeholders of the Company and promoted a culture that valued equity and fairness, thus enhancing stakeholder value. He was extremely passionate about social causes and undertook many philanthropic activities especially in the areas of education and health.
His sad demise is an irreparable loss to the Company. The Board of Directors and all the employees of the Company express deep condolences and pay tribute to a great visionary. We pray for the departed soul to rest in eternal peace.
MR. PAWAN AGARWAL
Chairman and Managing Director
Pawan Agarwal holds a bachelor’s degree in technology from University of Lucknow. He has been associated with our Company since 1995 and has over 30 years of experience in the paper industry. He is responsible for leading and managing our Company. He is a recipient of Amar Ujala Excellence Award, 2017, the India’s Most Trusted CEO Award by World Centre for Research & Consulting, 2018, and the Udyog Alankaran Award by the Hon’ble Governor of Uttarakhand in 2018 and is currently also the President of the Indian Paper Manufacturers Association and Kumaon Garhwal Chamber of Commerce and Industry.
Whole Time Director
MR. MAYANK AGARWAL
Mayank Agarwal holds a bachelor’s degree in arts from Panjab University. He has been associated with our Company since 2006. He is responsible for leading operations and procurement to drive productivity and resource optimization in our Company. He is also serving as a director in Naini Capital Limited and has over 19 years of experience in the paper industry.
Whole Time Director
MR. MUKESH KUMAR TYAGI
Mukesh Kumar Tyagi holds a bachelor’s degree in engineering from the University of Roorkee, Uttarakhand. He also holds a diploma in operation management from Institute of Management Technology, Ghaziabad. He has been associated with our Company since 2021. He is responsible for overseeing technical aspects of operations and production to ensure efficiency, quality, and adherence to industry standards in our Company. He has completed the quality management systems assessment and audit course by the Portsmouth University, U.K. He was previously associated with Tamil Nadu Newsprint and Papers Limited, Sirpur Paper Mills Paper Limited, Star Paper Mills Limited and West Coast Paper Mills Limited and has over 38 years of experience in the paper industry.
Independent Director
Mr. Varun Jain
Varun Jain holds a bachelor’s degree in engineering (pulp and paper) from University of Roorkee. He also holds a master’s in post graduate diploma of executive master’s in business administration from Asian Institute of Management in collaboration with All India Education Society. Previously, he was also associated with Valmet Technologies Private Limited, Ernst and Young LLP, India and Khanna Paper Mills. He is currently a director on the board of Rezen Paper Private Limited and has over 10 years of experience in consultancy and the paper industry.
Independent Director
Mr. Narayanaswamy Ramakrishnan Alampallam
Narayanaswamy Ramakrishnan Alampallam holds a bachelor’s degree in commerce from University of Bombay and is a qualified chartered accountant. [He was previously associated with, Hindustan Zinc Limited, Sterlite Industries (India) Limited, Sterlite Technologies Limited. He is also currently serving as a director on the board of Vedanta Resources Ltd. UK, Sterlite Electric Limited and IBIS Systems and Solutions Private Limited and has over 13 years of experience in the manufacturing sector.
Independent Director
Mr. Sudhir Bhansali
Sudhir Bhansali is a qualified chartered accountant and company secretary. He was previously associated with Nagarjuna Fertilizers and Chemicals Limited as a director and Andhra Pradesh Paper Mills Ltd as the president (finance) and chief finance officer. He is also currently associated with Suryalakshmi Cotton Mills Limited as its president (finance) and has over 20 years of experience in the finance and manufacturing industry.
Independent Director
Mr. Pankaj Dhirajlal Shah
Pankaj Dhirajlal Shah holds a bachelor's degree in mechanical engineering from V.J. Technical Institute, University of Bombay, Mumbai and a master’s degree in science from Kansas University, U.S.A. He has been associated with and is currently the managing partner of M/s. Mehta Paper Industries, Mumbai, and a designated partner of Nova Machineries LLP and has over 31 years of experience in paper and manufacturing industry.
Ms. Shalu Laxmanraj Bhandari
Independent Director
Shalu Laxmanraj Bhandari holds a bachelor’s degree in commerce from Shree Narsee Monjee College of Commerce and Economics, University of Bombay. She is a fellow of the Institute of Company Secretaries of India. She is practicing as a company secretary under her own firm namely S. L. Bhandari & Associates since 2002. She is also currently serving as director on the board of Balu Forge Industries Limited and Bajaj Hindustan Sugar Limited and has over13 years of experience in legal and compliance sector.
Chief Financial Officer
Rucha Pankaj Vikharankar
She is a qualified chartered accountant and company secretary and holds a master’s degree in commerce from Devi Ahilya University, Indore. She has been associated with our Company since September 29, 2025, as the Chief Financial Officer. She is responsible for leading financial operations and governance to support strategic business objectives of our Company. She was previously associated with Gadre marine Export Private Limited, KLJ Plasticizers Limited, Patil Rail Infrastructure Private Limited, and Prabhat Dairy Limited and has over 12 years of experience in the finance sector.
Company Secretary and Compliance Officer
Vivek Singh
He holds a bachelor of commerce and LLB degree from M.J.P Rohilkhand University, Bareilly and is a qualified company secretary. He was associated with Naini Tissues Limited (now merged into our Company) since February 15, 2016 and has been associated with our Company since April 1, 2020^. He is responsible for ensuring compliance with statutory requirements as applicable to the Company. He was previously associated with Tikaula Sugar Mills Limited and Shiam Professional Advisors Private Limited and has over 16 years of experience in secretarial and legal compliance.