Kuantum Papers Limited has informed the Exchange about Shareholders meeting
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Kuantum Papers Limited has issued the notice for its 28th Annual General Meeting scheduled for Friday, August 29, 2025, at 11:30 a.m., to be held via video conferencing (VC/OAVM). Key agenda items include adoption of FY2024-25 audited financial statements and declaration of a Rs. 3 per equity share dividend (300% on face value of Re. 1) for FY2024-25. Shareholders will also consider re-appointment of statutory auditors O P Bagla & Co. LLP for a second 5-year term, ratification of cost auditor remuneration of Rs. 2 lakh plus GST, and appointment of S.K. Sikka & Associates as secretarial auditors for 5 years. Special business items seek approval for the re-appointment of Jagesh Kumar Khaitan as Chairman for 3 years from July 17, 2025, revision in remuneration of Vice Chairman & MD Pavan Khaitan for the period April 1, 2025 to March 31, 2027, and authorization to give loans, guarantees, or security up to Rs. 75 crore to subsidiaries, associates, joint ventures, or group entities. The cut-off/record date for both e-voting and dividend eligibility is August 22, 2025, with remote e-voting open from August 26 (9:00 a.m.) to August 28, 2025 (5:00 p.m.).
The 300% dividend (Rs. 3 per share) is a constructive return for shareholders and a signal of healthy FY25 earnings. The managerial remuneration revisions and Rs. 75 crore loan/guarantee authorization are standard governance items requiring shareholder nod; investors should review the explanatory statement before voting. Shareholders must ensure their holdings are recorded by August 22, 2025, to be eligible for the dividend and voting rights.