PFA out come of AGM held today for the financial year 2015-16 through video conferece.
Awaiting price reaction for this filing.
Mysore Paper Mills Ltd, a Government of Karnataka undertaking, held its 81st AGM on November 29, 2025 via video conferencing from 12:00 noon to 1:05 PM, covering the financial year 2015-16. Shareholders adopted the audited financial statements (Balance Sheet, Profit & Loss, Cash Flow) as at March 31, 2016 along with the Directors' and Auditors' Reports. Three directors — Mr. Lukose Vallatharai (IAS Retd), Dr. V Ramakantha (IFS Retd), and Mr. Sridhara Karkala — were re-appointed as they retired by rotation. The meeting also approved fixing the remuneration of statutory auditors M/s Vasan & Sampath LLP at Rs. 6,00,000 plus applicable professional fees for FY 2016-17. The AGM was conducted in compliance with MCA and SEBI circulars permitting virtual meetings.
Routine procedural outcomes; no major business decisions, dividends, fund-raising, or restructuring were announced. Shareholders should note that this AGM pertains to FY 2015-16 and is being held in late 2025, indicating a significant backlog in statutory filings — a negative governance signal for retail investors to monitor closely.