JKPAPERNSEJK Paper Limited· Paper And Paper ProductsHighPositive
Announced Mon, 18 May · 20:16 IST

JK Paper Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 4 per equity share.

Corporate Actions View source PDF

JKPAPER · price

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AI summary

JK Paper Limited's Board of Directors recommended a final dividend of Rs. 4 per equity share (40% on face value of Rs. 10) for FY 2025-26. The total dividend outflow amounts to Rs. 72.53 crore on the equity share capital. This is subject to approval from shareholders at the ensuing Annual General Meeting. The company also reported audited financial results with standalone net profit before tax of Rs. 320.41 crore and consolidated net profit before tax of Rs. 364.48 crore. Additionally, a Composite Scheme of Arrangement has become effective from March 15, 2026, resulting in the issuance of 1,19,16,427 equity shares to the transferor companies. Unmodified audit opinions were issued for both standalone and consolidated financial results.

Likely market impact

The recommended dividend represents a steady income return for shareholders. The successful completion of the scheme of arrangement strengthens JK Paper's portfolio with the addition of packaging subsidiaries and a wholly-owned subsidiary, Sirpur Paper Mills. The company remains operationally sound with healthy profitability despite headwinds from rupee depreciation against Euro.