Kuantum Papers Limited has informed the Exchange regarding Change in Director(s) of the company.
KUANTUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kuantum Papers Limited held its Board meeting on May 26, 2026, approving audited financial results for Q4 and FY ended March 31, 2026. Net profit for FY2026 stood at Rs. 41.95 crore, down from Rs. 115.18 crore in FY2025, reflecting challenging market conditions. Total revenue from operations was Rs. 1,093.16 crore compared to Rs. 1,107.04 crore in the previous year. The Board recommended a dividend of Rs. 2.50 per equity share (250% on face value of Re. 1) totaling Rs. 21.82 crore, subject to shareholder approval at the AGM scheduled for August 27, 2026. Key director re-appointments include Pavan Khaitan as Vice Chairman & Managing Director for three years from April 1, 2027, and Jagesh Kumar Khaitan as Director retiring by rotation. Both appointments require shareholder approval. The company is not classified as a Large Corporate under SEBI norms. Cost auditors M/s R.J. Goel & Co. and internal auditors M/s A. Gandhi & Associates were also reappointed for FY2026-27.
The significant decline in profitability (down 64% YoY) and lower revenue may create short-term pressure on the stock. The dividend recommendation provides some support for investor sentiment. Leadership continuity through director re-appointments is positive for stability. Shareholders should note the August 20, 2026 record date for dividend entitlement and voting rights.