ANDHRA PAPER LIMITED has informed the Exchange about General Updates on Communication sent to shareholders on Annual Report and TDS Claims.
ANDHRAPAP · price
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Andhra Paper Limited sent an email to shareholders on July 20, 2026, attaching the Annual Report for FY 2025-26 along with the notice for the 62nd Annual General Meeting (AGM) and details on Tax Deducted at Source (TDS) for the proposed dividend. The 62nd AGM is scheduled for Tuesday, August 11, 2026, at 11:30 am via video conferencing, with remote e-voting open from August 8 to August 10, 2026. The Board has recommended a final dividend of ₹0.50 per equity share (25% on face value of ₹2) for FY 2025-26, subject to shareholder approval. The record date for dividend eligibility is August 4, 2026, and TDS will be deducted at 10% for resident shareholders and 20% (plus surcharge/cess) for non-residents, with a higher 20% rate applied if PAN is not linked with Aadhaar.
This is a routine procedural filing with no new material information beyond confirming the dividend amount, AGM date, and e-voting schedule. Shareholders on the books as of August 4, 2026, will receive ₹0.50 per share; neutral to mildly positive confirmation of dividend continuity, but unlikely to move the stock price meaningfully.