Kuantum Papers Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 29, 2025
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Kuantum Papers Limited held its 28th AGM on August 29, 2025, via video conferencing, and all 9 resolutions were passed with the requisite majority. Shareholders approved the adoption of financial statements, declaration of a dividend for FY2024-25, and the re-appointment of director Shri Jagesh Kumar Khaitan (including as Chairman for three years). M/s O P Bagla & Co. LLP was re-appointed as Statutory Auditors, M/s S.K. Sikka & Associates was appointed as Secretarial Auditors for five years, and Cost Auditors' remuneration was ratified. Two special resolutions passed with slightly lower (though still strong) approval: revision in managerial remuneration for Vice Chairman & MD Shri Pavan Khaitan (97.90% in favor) and approval to advance loans/give guarantees under Section 185 of the Companies Act, 2013 (97.90% in favor). Out of 23,203 total shareholders on the record date, about 70.7% of outstanding shares were polled, with promoters voting 100% in favor on all resolutions.
All key items including the FY25 dividend, director and auditor appointments, and management remuneration revision received overwhelming shareholder support, signaling strong promoter-investor alignment. The marginally higher dissent (~2.1%) on the managerial pay revision and Section 185 related-party resolution is minor and unlikely to materially affect the stock. Overall, the results are routine and neutral to mildly positive for shareholders.