The Annual Report of Ganga Papers India Limited for the Financial Year 2024-25.
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Ganga Papers India Ltd has notified BSE about its 41st AGM scheduled for Friday, September 26, 2025, at 9:00 AM at its registered office in Pune, along with the Annual Report for FY 2024-25. The key business items include re-appointment of Mr. Ramesh Kumar Chaudhary as a Director (retiring by rotation), appointment of M/s. Ragini Chokshi & Co. as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30), ratification of Cost Auditor M/s. K.N. Chaubey & Associates' remuneration at Rs. 20,000 per annum for FY 2025-26, and approval to raise Managing Director Mr. Sandeep Kanoria's overall remuneration ceiling to Rs. 2,50,000 per month (current Rs. 60,000). Financial highlights shared: Revenue from operations rose modestly to Rs. 25,769.13 lakhs (from Rs. 24,549.87 lakhs), with PAT of Rs. 155.27 lakhs versus Rs. 147.78 lakhs. No final dividend has been recommended, and book closure runs from September 20 to September 26, 2025.
Routine AGM filing with standard governance items; the modest revenue and PAT growth (~5% each) suggests stable but unspectacular operations. Shareholders should watch the MD remuneration hike (over 4x current pay), though it remains a special resolution subject to their approval. No dividend means income-seeking investors won't get a payout this year.