KUANTUM PAPERS LTD.

Kuantum Papers Limited has approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹100 Crores. The allotment is on a private placement basis to an identified investor. The NCDs have a tenure until June 2, 2030, with a coupon rate of 12.70% per annum (9.70% coupon + 3.00% redemption premium). The issuance is secured by a charge over current and movable fixed assets, personal guarantees, a shortfall undertaking, and a lien-marked fixed deposit. This move is part of the company's financing strategy and is disclosed in compliance with SEBI regulations.

Kuantum Papers Limited has approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 100 Crores. The allotment was made on a private placement basis to an identified investor. The NCDs mature on June 2, 2030, and carry an interest rate of 12.70% per annum (9.70% coupon payable monthly and 3.00% redemption premium). The issuance is secured by a charge on current and movable fixed assets, personal guarantees, a shortfall undertaking, and a lien-marked fixed deposit, with a minimum security cover of 1.50x.

Kuantum Papers Ltd held its 29th Annual General Meeting (AGM) on August 27, 2026, where shareholders approved a dividend of ₹2.5 per share (250%) for FY26. The AGM also saw the re-appointment of M/s R.J. Goel & Co. as Cost Auditors for FY27 and the re-appointment of Shri Jagesh Kumar Khaitan as a director retiring by rotation. Additionally, Shri Pavan Khaitan was re-appointed as Vice Chairman & Managing Director for three years effective April 1, 2027. The dividend will be paid within 30 days of the AGM.

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.

Kuantum Papers Ltd held its 29th Annual General Meeting (AGM) on August 27, 2026. Shareholders approved a dividend of ₹2.5 per share for FY26, payable within 30 days. The AGM also saw the re-appointment of M/s R.J. Goel & Co. as Cost Auditors for FY27 and the re-appointment of Shri Jagesh Kumar Khaitan as Director retiring by rotation. Additionally, Shri Pavan Khaitan was re-appointed as Vice Chairman & Managing Director for three years from April 1, 2027.

Kuantum Papers Ltd conducted its 29th Annual General Meeting (AGM) on August 27, 2026, via Video Conferencing. The meeting, which lasted from 11:30 a.m. to 11:46 a.m., transacted business as per the notice dated May 26, 2026. Key resolutions passed included the adoption of financial statements, declaration of dividend for FY 2025-26, appointment of a director, ratification of cost auditor remuneration, and re-appointment of Pavan Khaitan as Vice Chairman & Managing Director. E-voting facilities were available remotely and during the AGM.

Kuantum Papers Ltd conducted its 29th Annual General Meeting (AGM) on August 27, 2026, via Video Conferencing. The meeting, which lasted from 11:30 a.m. to 11:46 a.m., transacted several key items of business as per the notice. These included the adoption of financial statements for FY26, declaration of dividend for FY26, re-appointment of directors, and ratification of cost auditor remuneration. A special resolution was passed for the re-appointment of Shri Pavan Khaitan as Vice Chairman & Managing Director for three years from April 1, 2027. E-voting facilities were available remotely and during the meeting.

Kuantum Papers Ltd announced the successful restart of its Paper Machine-3 (PM3) at its Punjab facility on August 26, 2026. This follows a major technological upgradation and rebuild project. The company stated that the rebuild is part of its strategic plan to enhance capacity, improve operational efficiency, and expand its product portfolio into higher-value writing, printing, and specialty paper grades. The upgraded machine features modern components like a top Former & Film Press, improved automation, and enhanced drying capabilities.

Kuantum Papers Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved the results in a meeting held on August 12, 2026. The company confirmed it has no subsidiaries, associates, or joint ventures, thus consolidated financial statements are not applicable. The results were subjected to a limited review by statutory auditors with an unmodified opinion.

Kuantum Papers' standalone Q1 FY27 (quarter ended June 30, 2026) print is a margin story, not a growth one. Revenue from operations rose 36.3% YoY to ₹303.75 Cr (₹222.92 Cr in Q1 FY26) — though almost flat sequentially at +0.9% versus ₹300.94 Cr in Q4 FY26 — while standalone PAT fell 48.3% YoY to ₹6.23 Cr (₹12.06 Cr a year ago) and 56.6% QoQ (₹14.34 Cr). PBT dropped 33.7% YoY to ₹10.77 Cr. No consolidated figures exist since the company has no subsidiaries or JVs, so standalone is the only and primary basis. The compression sits almost entirely on the cost side. Cost of materials consumed jumped 71.2% YoY to ₹129.34 Cr, cost of chemicals consumed rose 43.5% YoY to ₹60.35 Cr, and power & fuel expense climbed 44.8% YoY to ₹41.95 Cr — all comfortably outpacing the 36% revenue increase. Finance costs added further drag, up 39.9% YoY to ₹14.53 Cr. Net result: net profit margin fell to roughly 2.1% of revenue from 5.4% YoY (4.8% QoQ), and EBITDA margin (PBT + finance costs + depreciation, over revenue) slid to about 14.1% from roughly 18.1% YoY and 15.9-16.3% QoQ — a clear margin-trend reversal after a stronger Q4. Management's own FY27 outlook, reiterated after Q4 FY26 results, projected full-year revenue of ₹1,400-1,500 Cr and an 18-20% EBITDA margin, with analysts penciling in 15-20% FY27 PAT growth; industry commentary at the time also flagged a pricing recovery from reduced dumping heading into Q1 FY27 (The Pulp and Paper Times). Against that, Q1's ~14.1% EBITDA margin and a YoY PAT decline sit below where the guided trajectory implies the year should be tracking, even allowing for one quarter out of four. No brokerage-specific PAT estimate for this exact quarter turned up in search, so vsStreet is marked unknown rather than guessed. The company disclosed no management press release beyond the filing itself, so there is no additional framing to reconcile. Two concurrent disclosures matter for context: Paper Machine-3 was taken offline for a month-long capacity upgrade in June 2026, which likely dented production efficiency and contributed to the cost/volume mismatch this quarter; and the board separately approved raising up to ₹100 Cr via secured, unrated NCDs on private placement, alongside the results, for previously approved capex/borrowing purposes. That fundraise sits somewhat in tension with management's stated FY27 focus on debt reduction, and is worth tracking as the year progresses.