Subam Papers Leases Assets from Wholly Owned Subsidiary

Subam Papers Limited has entered into a lease agreement with its wholly owned subsidiary, Subam Paper and Boards Private Limited. The agreement, effective August 1, 2026, involves Subam Papers leasing certain assets, including a paper production plant and co-generation plant, from its subsidiary. The lease is for a tenure of 11 months, with a renewal option. The lease rent is set at INR 2 Crore for the paper production plant and machinery, and INR 1 Crore from the date of power generation. This transaction is considered an arm's length transaction and is exempt from shareholder approval as per SEBI LODR regulations.