StockWatch
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Paper & Paper Products
AGM/EGM27 Aug 2026, 03:12 pm

Kuantum Papers Approves 250% Dividend, Re-appoints Directors at AGM

AI Summary

Kuantum Papers Ltd held its 29th Annual General Meeting (AGM) on August 27, 2026, where shareholders approved a dividend of ₹2.50 per share (250%) for the financial year ended March 31, 2026. The dividend will be paid within 30 days. Additionally, the AGM saw the re-appointment of M/s R.J. Goel & Co. as Cost Auditors for FY 2026-27. Shareholders also re-appointed Shri Jagesh Kumar Khaitan as a director retiring by rotation and Shri Pavan Khaitan as Vice Chairman & Managing Director for a three-year term starting April 1, 2027. Both directors confirmed they are not debarred from holding office.

Key Highlights

  • Shareholders approved a dividend of ₹2.50 per share (250%).
  • Cost Auditors re-appointed for FY 2026-27.
  • Shri Jagesh Kumar Khaitan re-appointed as Director.
  • Shri Pavan Khaitan re-appointed as Vice Chairman & MD.
  • Dividend to be paid within 30 days of AGM.