StockWatch
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Paper & Paper Products
Board Meeting27 May 2026, 03:46 pm

West Coast Paper Mills Re-appoints Directors, Declares ₹3 Dividend

AI Summary

West Coast Paper Mills Ltd's board re-appointed Shri Prakash Kacholia, Shri Rajendra Jain, and Shri Virendraa Bangur as Directors, subject to shareholder approval. The board also approved the audited financial results for the year ended March 31, 2026, and recommended a dividend of ₹3 per equity share. The meeting was held on May 27, 2026, and the results will be published in newspapers and on the company's website.

Key Highlights

  • Shri Prakash Kacholia re-appointed as Non-Executive Independent Director for 3 years.
  • Shri Rajendra Jain re-appointed as Executive Director for 2 years.
  • Shri Virendraa Bangur re-appointed as Joint Managing Director for 3 years.
  • Dividend of ₹3 (150%) per share recommended for FY26.
  • Audited financial results for FY26 approved with unmodified opinion from auditors.