Chadha Papers Limited reported a net loss of ₹794.19 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹330.33 lakh recorded in the previous year. The company's revenue from operations for FY26 stood at ₹50,021.79 lakh, down from ₹51,333.59 lakh in FY25. For the quarter ended March 31, 2026, the company posted a net loss of ₹409.79 lakh, compared to a net profit of ₹100.07 lakh in the corresponding quarter of the previous year.

Financial Performance

The board of directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 at a meeting held on May 29, 2026. Total income for the year decreased to ₹50,262.84 lakh from ₹52,282.13 lakh in the prior year. Total expenses rose to ₹51,277.64 lakh in FY26 from ₹51,796.71 lakh in FY25. The basic earnings per share (EPS) for the year was recorded at (₹7.78), compared to ₹3.24 in the previous year.

Operational Highlights and Disclosures

The statutory auditor, Dhana & Associates, issued an un-modified audit report. However, the auditor drew attention to an emphasis of matter regarding a lease deed for part of the factory land at Bilaspur (Rampur), where the paper manufacturing unit is located. The lease, which was for a period of 30 years since 1991, has expired. The management stated that it is in the process of getting the lease renewed and has not received any communication from the lessors for eviction, implying no material implications on operations currently.

The company noted that its wholly-owned non-material subsidiary, Manorama Paper Mills Limited, did not have any operations during the year ended March 31, 2026, that would impact the financial position of the holding company. Consequently, the consolidated financial results remain largely aligned with the standalone figures. The trading window for designated persons and their immediate relatives will remain closed until two days after the declaration of the audited financial results.

Chadha Papers Limited has successfully completed a significant inter-se share transfer within its promoter group and filed the mandatory compliance report with SEBI. The company announced the completion of the transfer that was initially proposed in October 2025, along with the submission of required regulatory filings.

Transfer Details and Completion

The share transfer, executed through a gift deed between immediate relatives, has been completed as planned:

Shareholding Pattern Changes

The completed transfer has resulted in a significant consolidation of shareholding within the promoter group:

SEBI Compliance and Regulatory Filings

Chadha Papers Limited has completed all mandatory regulatory compliance requirements following the share transfer:

The company filed the report under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on the SEBI Intermediary Portal. The prescribed fee of ₹1,50,000 plus GST at 18% (₹27,000) totaling ₹1,77,000 has been remitted online.

Exemption and Regulatory Framework

This inter-se transfer falls under Regulation 10(1)(a)(i) of the SEBI SAST Regulations, which provides exemption from open offer requirements for transfers between immediate relatives within the promoter group. The company has emphasized that this transfer is a private family arrangement and does not result in any change in the overall shareholding of the promoter group.

The transfer represents a consolidation of ownership, with Mr. Rajinder Singh Chadha now holding a substantial 45.67% stake in the company. All disclosure requirements under various SEBI regulations have been duly complied with, including prior intimations and post-transfer filings with BSE Limited.