SOUTH INDIA PAPER MILLS LTD.

South India Paper Mills Ltd has received a Detailed Public Statement from Acquirers Mrs. Nandini Modi and Mr. Kirit Modi regarding an open offer to acquire up to 48,75,000 equity shares, representing 26% of the voting share capital. The offer price is set at ₹120 per share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011, and is managed by Indcap Advisors Pvt Ltd. The acquisition involves the Acquirers along with several Persons Acting in Concert (PACs).

South India Paper Mills Ltd has announced the details for its upcoming Annual General Meeting (AGM) scheduled for September 17, 2026. The company will facilitate e-voting for its members, which will commence on September 14, 2026, at 9:00 am and conclude on September 16, 2026, at 5:00 pm. The cut-off date for determining eligibility to vote via e-voting has been set as September 10, 2026. The AGM will be conducted through Video Conference.

South India Paper Mills Ltd. has submitted its Annual Report for FY 2025-26, announcing a significant turnaround with a net profit of ₹1074.11 lakhs, a stark contrast to the previous year's net loss of ₹964.07 lakhs. Revenue from operations grew by 17.46% to ₹433.81 crores. The company's operational efficiency improved, with paper mill capacity utilization at 78.32% and printing & packaging division at 71.41%. Profit before interest, depreciation, and tax (PBDIT) surged to ₹5,127 lakhs from ₹2,253 lakhs in the prior year. The 67th Annual General Meeting is scheduled for September 17, 2026, to be held via video conference.

Indcap Advisors Pvt. Ltd., acting as the Manager to the Offer, has submitted a Detailed Public Statement regarding an Open Offer for South India Paper Mills Limited. Nandini Modi and Kirit Modi, along with Persons Acting in Concert (PACs), are acquiring up to 48,75,000 equity shares, representing 26.00% of the total equity and voting share capital. The offer price is ₹120 per equity share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011, and aims to acquire shares from public shareholders.

South India Paper Mills Ltd has announced its 67th Annual General Meeting (AGM) will be held on September 17, 2026, at 11:30 am via Video Conference. The notice of the AGM, sent electronically to members on August 24, 2026, includes ordinary business such as adopting financial statements and appointing a director. Special business includes seeking member approval for the continuation of Mr. Harshad Natvarlal Modi as a Non-Executive Director despite exceeding 75 years of age, and approving the remuneration for Managing Director Mr. Manish M Patel for his remaining tenure until May 19, 2029. The cut-off date for remote e-voting eligibility is September 10, 2026.

South India Paper Mills Ltd (SIPM) has announced its 67th Annual General Meeting (AGM) will be held on September 17, 2026, at 11:30 am via Video Conference. The company is submitting its 67th Annual Report for FY 2025-26. Key agenda items include the adoption of audited financial statements, appointment of a director, continuation of Mr. Harshad Natvarlal Modi as a Non-Executive Director despite exceeding 75 years, and approval of remuneration for Managing Director Mr. Manish M Patel. The cut-off date for remote e-voting eligibility is September 10, 2026.

Nandini Modi and Kirit Modi, along with associated parties (PACs), have announced an open offer to acquire up to 48,75,000 equity shares of The South India Paper Mills Limited. This represents 26% of the company's total equity and voting share capital. The offer price is set at ₹120 per fully paid-up equity share. The open offer is being made in compliance with SEBI (SAST) Regulations, 2011. Indcap Advisors Private Limited has been appointed as the Manager to the Open Offer.

Indcap Advisors Pvt. Ltd., acting as Manager to the Offer, has submitted a Public Announcement regarding an Open Offer for South India Paper Mills Limited. Nandini Modi and Kirit Modi, along with several Persons Acting in Concert (PACs), intend to acquire up to 48,75,000 equity shares, representing 26% of the total equity and voting share capital. The offer price is ₹120 per equity share. This open offer is being made in compliance with SEBI (SAST) Regulations, 2011, aiming to acquire substantial control of the target company.

Kirit Natwarlal Modi and Persons Acting in Concert (PAC) have disclosed a substantial acquisition of shares in The South India Paper Mills Ltd. The group's total shareholding increased from 12.07% to 14.16% through open market purchases. This disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, signifies a notable change in the promoter/acquirer group's stake in the company.

South India Paper Mills Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results in a meeting held on July 30, 2026. The company also provided a Limited Review Report from B S Ravikumar & Associates. An extract of the unaudited financial results is being released for publication in newspapers as per SEBI regulations. The company operates in a single segment: Paper and Paper Products.