Speciality Papers Limited announced that at its board meeting held on June 6, 2019, Mr. Nemchand Gala, Managing Director, of Company, has submitted his letter of resignation dated June 03, 2019 resigning as Director and Managing Director of Company. The Board of Directors ('the Board), at its meeting held (June 06, 2019), has accepted Mr. Nemchand Gala resignation and consented to relieve him of his responsibilities effective close of business hours on June 6, 2019. With the permission of the Chairman the Board has hereby approved the appointment of Mr. Hiren Boricha as the Additional and Managing Director of the company.