StockWatch
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Paper & Paper Products
Quarterly Result18 May 2026, 08:21 pm

JK Paper: FY26 Dividend of ₹4/Share

AI Summary

JK Paper Ltd. announced audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a dividend of ₹4 per share (40%), amounting to ₹72.53 Crore. The company also assessed an incremental impact of ₹13.60 Crores towards retiral obligations due to the New Labour Codes. The Composite Scheme of Arrangement has become effective from 15th March 2026, with the issuance of 1,19,16,427 Equity Shares on 20th March 2026.

Key Highlights

  • JK Paper declared audited financial results for FY26.
  • A dividend of ₹4 per share (40%) was recommended.
  • New Labour Codes impacted retiral obligations by ₹13.60 Crores.
  • Scheme of Arrangement became effective March 15, 2026.
  • 1,19,16,427 Equity Shares were issued on March 20, 2026.