Star Paper Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 2.50 per equity share for FY 2025-26.
STARPAPER · price
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Star Paper Mills Limited's Board of Directors met on May 25, 2026 and recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY 2025-26, amounting to approximately Rs. 390.21 lakhs. This is subject to shareholder approval at the ensuing AGM. The company also reported audited financial results for Q4 and FY 2025-26: total income stood at Rs. 43,358.08 lakhs (down from Rs. 46,027.42 lakhs in FY 2024-25), and profit before tax was Rs. 3,422.77 lakhs (down from Rs. 5,344.31 lakhs). Profit after tax for the year was Rs. 3,275.34 lakhs. The auditors issued an unmodified opinion. Other decisions included re-appointment of internal auditors (PKMB & Co.) and cost auditors (K.B. Saxena & Associates).
The dividend of Rs. 2.50 per share offers a modest return for shareholders, though the company's revenue and profit have declined year-on-year, reflecting challenging operating conditions. The AGM approval is expected but not a concern at this stage.