StockWatch
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Paper & Paper Products
Dividend27 May 2026, 03:23 pm

West Coast Paper Mills: FY26 Dividend of ₹3/Share

AI Summary

West Coast Paper Mills Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹3 per equity share (150%) on 66,048,908 equity shares of ₹2 each, subject to shareholder approval. The board also re-appointed Shri Prakash Kacholia, Shri Rajendra Jain, and Shri Virendraa Bangur as Non-Executive Independent Director, Executive Director, and Joint Managing Director, respectively, subject to shareholder approval.

Key Highlights

  • Audited financial results for FY26 were approved by the board.
  • A dividend of ₹3 per share (150%) was recommended for FY26.
  • Shri Prakash Kacholia re-appointed as Non-Executive Independent Director.
  • Shri Rajendra Jain re-appointed as Executive Director.
  • Shri Virendraa Bangur re-appointed as Joint Managing Director.