Latest news with #Board
Business Standard
39 minutes ago
- Business
- Business Standard
BSE SME Aten Papers & Foam shares soggy on debut
Shares of Aten Papers & Foam was trading at Rs 85.50 on the BSE, a discount of 10.94% compared with the issue price of Rs 96. The scrip was listed at Rs 90, a discount of 6.25% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 90 and a low of Rs 85.50. About 1.26 lakh shares of the company changed hands at the counter. Aten Papers & Foam's IPO was subscribed 1.46 times. The issue opened for bidding on 13 June 2025 and it closed on 17 June 2025. The price band of the IPO was fixed between Rs 91 to Rs 96 per share. The IPO comprised fresh issue of 33,00,000 equity shares. The company intends to utilize the net proceeds to meet working capital requirements, capital expenditure and general corporate purpose. Aten Papers & Foam operates as an important intermediary in the paper product supply chain. Acting as a key middleman, it procures paper from various paper mills and resells it to clients in the packaging products industry. Its product offerings include Kraft Paper and Duplex Board. The company also purchases wastepaper from stockists and supplies it to paper mills, where it serves as a crucial raw material. Aten Papers & Foams product portfolio features a wide range of Kraft Papers and Duplex Boards in various grades, thicknesses, widths, and standards, tailored to meet specific customer requirements. As of 31 March 2025, the company had total 14 employees. The company recorded revenue from operations of Rs 138.69 crore and net profit of Rs 7.01 crore for the period ended 31 March 2025.
Business Wire
an hour ago
- Business
- Business Wire
Combined Shareholders' Meeting of June 19, 2025: All Submitted Resolutions Were Adopted
NEUILLY-SUR-SEINE, France--(BUSINESS WIRE)--The Combined Shareholders' Meeting of Bureau Veritas (the "Company"), chaired by Mr. Laurent Mignon, Chairman of the Board of directors, was held today at the Company's head office. All resolutions submitted to the Shareholders' Meeting were adopted at a large majority, including: The approval of the statutory and consolidated financial statements for the financial year ending on December 31, 2024, and the approval of a dividend distribution of €0.90 per share to be paid in cash on July 3, 2025 (ex-date on July 1, 2025) on positions closed on July 2, 2025; The approval of a related-party agreement concerning the Company's participation in Wendel's share placement (acquisition by the Company of its own shares); The approval of the report on Corporate Officers' compensation; The approval of fixed, variable and extraordinary components of the total compensation and benefits-in-kind paid or awarded for the 2024 financial year to Mr. Laurent Mignon, in his capacity as Chairman of the Board of Directors; The approval of fixed, variable and extraordinary components of total compensation and benefits-in-kind paid or awarded for the 2024 financial year to Mrs. Hinda Gharbi, in her capacity as Chief Executive Officer; The approval of the compensation policy for the Directors, the Chairman of the Board of Directors and the Chief Executive Officer for 2025; The authorization granted to the Board of Directors to trade in the Company's ordinary shares; The delegations and/or financial authorizations granted to the Board of Directors. The Shareholders' Meeting renewed the term of office as Director of Mr. Laurent Mignon, and the Board of Directors reappointed him as Chairman of the Board of Directors. The Shareholders' Meeting also renewed the terms of office as Directors of Ms. Julie Avrane, Ms. Ana Giros Calpe and Mr. Jérôme Michiels. Ms. Lucia Sinapi-Thomas is leaving the Board, as her term of office has expired. The Directors commended her contribution to the Board's discussions and decisions, as well as to the work of its Committees. To replace Ms. Sinapi-Thomas, the Shareholders' Meeting appointed Ms. Elodie Perthuisot as an independent director for a term of four years. Elodie Perthuisot is a member of the Carrefour Group's Executive Committee and currently heads Carrefour Spain, one of the group's main subsidiaries. Holding an engineering degree from the École Polytechnique, she began her career in the public sector - she notably headed the office of Frédéric Mitterrand, Minister of Culture and Communication - before joining the retail sector, leading the commercial management and multichannel transformation of Fnac and then Fnac Darty. She joined Carrefour in 2018 where she has successively led the marketing in France, e-commerce and, since 2021, the group's digital and technological transformation. Under her leadership, Carrefour has significantly accelerated its digital and data ambitions, becoming a company recognized for its progress in these areas. The Bureau Veritas Board of Directors will be able to rely on her diverse experience, and in particular on her expertise in digital transformation and operational management. In the activity reports, Mrs. Hinda Gharbi, Chief Executive Officer, and Mr. François Chabas, Chief Financial Officer, presented the 2024 highlights, the 2024 financial results, providing specific details on revenue, adjusted operating profit, net earnings per share, cash flow statement and the financial position. Mrs. Hinda Gharbi, Chief Executive Officer, then presented the review of the Group's activities for the 2024 financial year, and detailed the first quarter revenue as well as the 2025 outlook. She also provided an update on the LEAP I 2028 strategic plan. Mr. Laurent Mignon and Mr. Pascal Lebard, Lead Independent Director, respectively presented corporate governance and compensation components of the Directors, the Chairman of the Board of directors and the Chief Executive Officer in 2024, as well as the compensation policies. The broadcast of the Shareholders' Meeting, including the full presentation and the complete results of the vote of the resolutions, will be available on the Company's website ( ABOUT BUREAU VERITAS Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for customers' excellence and sustainability, the company innovates to help them navigate change. Created in 1828, Bureau Veritas' 84,000 employees deliver services in 140 countries. The company's technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability. Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40, CAC 40 ESG, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. For more information, visit and follow us on LinkedIn. Our information is certified with blockchain technology. Check that this press release is genuine at
Business Wire
10 hours ago
- Business
- Business Wire
Campbell's Mourns the Death of Long-time Board Member Mary Alice Dorrance Malone
BUSINESS WIRE)-- The Campbell's Company (NASDAQ:CPB) and the company's Board of Directors mourn Mary Alice Dorrance Malone who recently passed away at the age of 75. Malone was the longest-tenured member of Campbell's Board of Directors with 35 years of service. Malone was the granddaughter of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the daughter of John T. Dorrance Jr., a former Chair of the company from 1962-1984. She was elected to the Board in 1990 and served with distinction on many of the board's standing committees, most recently on the Governance and Compensation & Organization committees. Keith R. McLoughlin, Chair of the Board, said, 'We are deeply saddened by the passing of Mary Alice. As a descendent of the company's founder and a significant long-term shareholder, her contributions to grow and protect Campbell's legacy were immeasurable. She will be missed in our board meetings and as a friend and colleague. On behalf of my fellow board members, we extend our heartfelt condolences to her family and friends.' Malone was an entrepreneur, a private investor, and a philanthropist, having served for many years on the boards of several nonprofit organizations and actively participated in many philanthropic endeavors. Her passion and primary business were equestrian sports. She was President of Iron Spring Farm horse breeding and performance centers in Pennsylvania and Florida, which she founded in 1976. Mick Beekhuizen, Campbell's President and Chief Executive Officer, said, 'Mary Alice was a highly committed director and helped guide the company through many chapters. Her extensive knowledge of Campbell's history, organization and culture, and her love for our food and iconic brands were invaluable to management and the board. Her positive impact on the company will last for generations to come. Everyone at Campbell's offers our deepest condolences to her loved ones.' Malone is survived by two daughters. Funeral arrangements are not public. The family respectfully requests privacy during this time of mourning. The board will be considering the election of a new member. About The Campbell's Company For 155 years, The Campbell's Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted Campbell's to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. The Campbell's portfolio of 16 leadership brands includes: Campbell's, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao's, Snack Factory pretzel crisps, Snyder's of Hanover, Swanson and V8. For more information, visit
Ya Biladi
10 hours ago
- Business
- Ya Biladi
Maroc Telecom replaces dual boards with single Board of Directors, retains Benchaaboun as CEO
Maroc Telecom's Board of Directors has approved a major change in the company's governance. The previous system, with two separate boards, a Supervisory Board and a Management Board, will be replaced by a single Board of Directors, the Moroccan telecommunications giant announced Thursday in a press release. All members of the former Supervisory Board have been retained as members of the new Board to ensure a smooth transition. The Board also confirmed Mohamed Benchaaboun as the company's Chief Executive Officer, a role he previously held. This new structure is intended to streamline decision-making as Maroc Telecom continues to grow and evolve, the company added.
Sharjah 24
13 hours ago
- Sport
- Sharjah 24
Khorfakkan Club for the Disabled concludes season with 104 medals
Celebrating the team's success and efforts His Excellency Abdullah Saleh Al Naqbi, Chairman of the Club's Board of Directors, congratulated the club's athletes for their impressive accomplishments and exceptional performance throughout the season. He also extended his appreciation to the technical, administrative, and medical teams for their integral roles in reaching these milestones and for their perseverance under pressure. Al Naqbi emphasised that these victories are the result of strong teamwork, continuous training, and unwavering dedication. He commended the players' discipline and cooperation, highlighting their commitment during both training sessions and competitive events. He also encouraged ongoing skill development and urged the athletes to preserve their achievements while continuing to supply national teams with promising talents from the club's youth. Acknowledging the support behind the success Louay Saeed Allay, Vice Chairman of the Club's Board of Directors, credited the club's achievements to the unwavering support of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. He stressed the Board's ongoing commitment to establishing the club as a pioneering sports institution with a lasting social impact. Allay also highlighted the vital contributions of the Sharjah Sports Council, led by His Excellency Issa Hilal Al Hazami, noting that its continued backing remains a cornerstone of the club's sustained excellence. Early preparations and great ambitions for the next season Looking ahead, Allay reassured the club's fans and supporters that the Board of Directors is fully committed to thorough preparation for the upcoming season. This includes optimal utilization of financial resources, strict adherence to approved budgets, and strategic planning to maintain the club's momentum and build on current successes. Abdul Aziz Al Hammadi: Results reflect long-term planning Abdul Aziz Al Hammadi, Chairman of the Technical Affairs and Talent Care Committee, highlighted that the club's recent achievements stem from long-term strategic planning and targeted training programs. The medal tally reflects the club's continuous investment in both individual and team performance development. He reported that the club had secured 58 local gold medals, along with 15 gold, 16 silver, and 15 bronze in international championships—further solidifying Khorfakkan Club's position as a leader in Paralympic sports with a strong ability to compete at the highest levels. Local dominance and global qualification Khorfakkan Club maintained its dominance on the national stage by winning the Paralympic Committee Athletics Cup for the third consecutive season, in addition to clinching the Powerlifting Cup. The goalball team for the visually impaired achieved second place in only their second local appearance, while the wheelchair basketball team currently tops both the league and cup competitions. Al Hammadi proudly noted that seven players from the club have qualified for the World Athletics Championships, and four athletes have earned spots in the World Powerlifting Championships. He concluded by affirming that these accomplishments are a clear sign that the club is on the right path to producing world-class athletes who will proudly represent the UAE on international platforms.
