Board Meeting12 Aug 2026, 04:13 pm
Kay Power Board Approves Unaudited Results, MD Appointment
AI Summary
Kay Power and Paper Ltd's Board of Directors met on August 12, 2026, approving the unaudited financial results for the quarter ended June 30, 2026 (Standalone and Consolidated). The board also approved the appointment of Mrs. Deepa Agarwal as Managing Director, effective August 12, 2026, subject to shareholder approval. Additionally, the board discussed a proposed Kraft Paper Manufacturing Plant through its wholly-owned subsidiary, Kay Pulp and Paper Mills Private Limited, with an expected installed capacity of 75,000 TPA and an estimated first-year revenue of ₹200 crore, targeting commissioning in FY28.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Mrs. Deepa Agarwal appointed as Managing Director.
- New Kraft Paper Manufacturing Plant project discussed.
- Subsidiary project to have 75,000 TPA capacity.
- Project expected to generate ₹200 crore revenue in first year.
Price Impact
More from KAYPOWR