EMAMIPAPBSEEmami Paper Mills LtdMediumNeutral
Announced Thu, 28 May · 16:20 IST

Intimation of the appointment of Cost Auditors of the Company for the FY 2026-2027.

Management Changes View source PDF

EMAMIPAP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.2%1-day move
₹80.50
prior close
₹84.19
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After-mkt
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AI summary

Emami Paper Mills reported strong FY2025-26 results with profit after tax more than doubling to Rs 61.38 crore from Rs 26.01 crore in the prior year, driven by higher total income of Rs 1,928.32 crore and controlled expenses. The Board approved appointment of M/s V.K. Jain & Co. as Cost Auditors for FY 2026-2027 and recommended a dividend of Rs 3.20 per equity share (160%) and Rs 8 per preference share (8%), subject to shareholder approval. Additionally, Shri Manish Goenka was re-appointed as Whole-time Director designated as Vice Chairman for 3 years commencing 1st July 2026. Statutory auditors issued an unmodified opinion on the financial results.

Likely market impact

Strong profit growth and dividend recommendation are positive signals for shareholders. The re-appointment of the Vice Chairman ensures leadership continuity.