Kuantum Papers Limited has established August 24, 2026, as the final date for shareholders to claim unclaimed dividends, with failure to do so resulting in the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company is mandated to transfer shares for which dividends remain unpaid or unclaimed for seven consecutive years under Section 124(6) of the Companies Act, 2013. This measure specifically impacts shareholders who have not encashed dividends starting from the financial year 2018-19.

The company has communicated individually to affected shareholders via post, requesting the submission of necessary documents to its Registrar and Share Transfer Agent. The list of shareholders whose shares are liable for transfer is available on the company's official website. To avoid the transfer of shares, concerned shareholders must ensure their claims reach the designated agent by the stipulated deadline.

Exemptions and Recovery

Kuantum Papers clarified that shares will not be transferred to the IEPF if there is a specific court or tribunal order restraining such transfer, or if the shares are hypothecated or pledged under the Depositories Act, 1996. Once transferred, shareholders lose the right to claim the unclaimed dividend amount and the equity shares from the company. However, both the unclaimed dividends and shares can be reclaimed from the IEPF Authority by following the procedures prescribed under the IEPF Rules.

Contact Information

Shareholders seeking further information or clarification have been directed to contact the company or its Registrar and Share Transfer Agent. The communication must be directed to M/s. MAS Services Limited, which handles the share transfer activities for Kuantum Papers Limited.

Kuantum Papers Limited reported a 63.6% decline in net profit for the financial year ended March 31, 2026, falling to ₹420 crore from ₹1,152 crore in the previous year. Revenue from operations for FY26 decreased marginally to ₹10,932 crore from ₹11,070 crore in FY25. Despite the profit decline, the board recommended a dividend of ₹2.50 per share, or 250% of the face value of Re. 1, subject to shareholder approval. The audited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors on May 26, 2026. The company published the audited financial results in the Financial Express (English) and Desh Sewak (Punjabi) on May 27, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹143 crore, a drop from ₹261 crore in the corresponding period of the previous year. Q4 revenue came in at ₹3,009 crore compared to ₹2,774 crore in the same quarter of the prior year. Total expenses for the full year rose to ₹9,314 crore, up from ₹8,644 crore, driven by higher costs of materials consumed and employee benefits. Finance costs also increased to ₹464 crore from ₹393 crore in the prior year.

The following table summarises the key annual and quarterly financial metrics:

Operational Highlights

The company maintained a higher production volume of 162,885 MT despite strategic shutdowns for upgradation. EBITDA margins for FY26 contracted to 14.8% from 21.9% in FY25, attributed to a drop in Net Sales Realization (NSR) by ₹2,000/MT and an increase in costs by ₹3,200/MT. The downward pressure on NSR was observed across the domestic paper industry due to cheaper imports and Nil GST on the notebook segment.

Mill Expansion and Upgradation

Paper Machine 2 rebuild was completed in March 2026, enhancing installed capacity to 75 TPD. The Two-stage Reausticizing Plant was commissioned at the Chemical Recovery Plant, improving process recovery efficiency. A Syncro Sheeter with 80 TPD capacity was installed for higher precision cutting. The Displacement Digester System (DDS) project for wood pulping is under extensive testing, with commissioning targeted by mid-June 2026.

Corporate Actions and Appointments

The Board of Directors approved the audited financial results for Q4 and FY26 in a meeting held on May 26, 2026. The board approved the re-appointment of Shri Pavan Khaitan as Vice Chairman & Managing Director for a further period of three years effective from April 1, 2027, subject to shareholder approval. Additionally, Shri Jagesh Kumar Khaitan, Director retiring by rotation, was recommended for re-appointment. The Board also re-appointed M/s R.J. Goel & Co. as Cost Auditors and M/s A. Gandhi & Associates as Internal Auditors for the financial year 2026-27.

AGM and Record Date

The 29th Annual General Meeting is scheduled for August 27, 2026, via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from August 21, 2026, to August 27, 2026. The record date for dividend entitlement and voting rights is fixed for August 20, 2026.