SESHAPAPERNSESeshasayee Paper and Boards Limited· Paper And Paper ProductsMediumPositive
Announced Tue, 26 May · 17:47 IST

Seshasayee Paper and Boards Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 20, 2026

Corporate Actions View source PDF

SESHAPAPER · price

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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹232.00
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AI summary

Seshasayee Paper and Boards Limited has called its 66th AGM on June 20, 2026 through video conference. The meeting will seek shareholder approval for adopting FY 2025-26 financial statements and declaring a dividend of ₹2.00 per equity share (100% payout on ₹2 face value) on 6.30 crore shares. The record date for dividend eligibility is June 10, 2026, with payment scheduled for June 22, 2026. Two directors (Sri Ganesh Balakrishna Bhadti and Sri S Srinivas) are proposed for re-appointment by rotation. The cost auditor M/s S.Mahadevan & Co. will be paid ₹4 lakh for auditing FY 2026-27 cost records. Remote e-voting runs from June 17-19, 2026.

Likely market impact

The dividend declaration is positive for shareholders as it maintains a 100% payout ratio. However, this is a routine AGM notice with no unusual corporate actions that would significantly impact the stock. Shareholders should ensure their bank details and KYC are updated with depositories before the record date to receive dividends electronically.