Perfectpac Limited atthe Board of Directors of the Company at its meeting held on March 28, 2024, Designated Shri Sanjay Rajgarhia, Managing Director of the Company as Chairman and Managing Director of the Company with effect from March 29, 2024. Shri Sanjay Rajgarhia, aged 61 years, holds Bachelors' Degree in Commerce. He is successful industrialist, having over 35 years of experience in the field of paper and packaging industry.

He is also having vast experience in financial activities, investment and management decisions and taxation. He has been associated with the Company for last 35 years. He managed the Company competently over the past years and helped it in becoming a successful business entity in the industry.

He is well known personality in the paper and packaging industry. The Board of Directors at its meeting, approved to appoint Shri Rajendra Kumar Rajgarhia as `Chairman Emeritus' for a period of five years with effect from March 29, 2024. He is having experience of around 62 years in Investment activities, financing activities, Strategic Planning in capital budgeting and overall decision making.

Shri Rajendra Kumar Rajgarhia has rendered around 50 years of dedicated, outstanding and selfless service for the development, growth and success of the Company. Considering Shri Rajendra Kumar Rajgarhia's exceptional contribution to the unparalleled success of the Company and in the interest of the Company to be able to avail the benefit of his valuable knowledge and wisdom from time to time in a mentoring and guiding role, the Board has appointed Shri Rajendra Kumar Rajgarhia as `Chairman Emeritus'. This would help the Company to continue to reap the benefits of the rich reservoir of his experience, knowledge, wisdom and insights.