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YPL held its Board Meeting in Hotel Lemon Tree, Lucknow

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YPL held its Board Meeting in Hotel Lemon Tree, Lucknow

On 10th and 11th May, 2019 Yash Papers Limited had its Audit Committee, Strategic Committee, CSR Committee, IT Committee and Board Meeting in Hotel Lemon Tree, Lucknow. Audit Committee was chaired by Committee Chairman Mr. G.N. Gupta. Internal Audit Report of Quarter 4 of the financial year 2019-20 was discussed along with Action Taken Report of the previous quarter, financials for the year 2018-19 were also tabled. CSR Committee Meeting was chaired by Mrs. Kimberly Ann McArthur. Progress reports for the ongoing CSR projects taken up by the company and future projects for CSR were discussed. IT Committee meeting was being chaired by Mr. Srinivas Vishnubhatla. Present state of IT and future road map along with planning for the next financial year were the topics discussed followed by Strategic Committee, chaired by Mr. K.D. Pudumjee, to devise strategic plans and innovation. On 11th, the Chairman Mr. K.D. Pudumjee, chaired the YPL Board meeting. Financials for the 4th quarter and Year ended 31st March, 2019 were approved by the Board. Dividend for the FY 2018-19 was also recommended by the Board for the shareholders. Other major discussions were over the progress related to the ‘tableware’ and also production, challenges, sales and profitability of both Paper & Tableware business.