Malu Paper Mills has scheduled its 33rd Annual General Meeting (AGM) for September 23, 2026. The meeting will convene at 3:00 pm at the company’s registered office in Nagpur to transact business related to the financial year 2025-2026.

The company has dispatched electronic copies of the AGM notice and annual report to shareholders. Physical copies were sent via inland letters to members who have not registered email addresses with the company or their depository participants. These documents are also accessible on the company’s website and the portals of National Securities Depository Limited (NSDL), BSE, and NSE.

Voting and Book Closure Details

Shareholders holding shares as of the cut-off date, September 15, 2026, are eligible to vote. The register of members and share transfer books will remain closed from September 16, 2026, to September 23, 2026, inclusive of both days.

Remote e-voting through NSDL will commence on September 19, 2026, at 9:00 am and conclude on September 22, 2026, at 5:00 pm. Members who have already cast their votes remotely may attend the meeting but cannot vote again. Those attending in person without prior remote voting can use polling papers.

Key Dates

The company urges physical shareholders to dematerialize their holdings and update contact details with their depository participants to ensure seamless communication. For assistance, members can contact the registrar, MUFG Intime India Private Limited.

Malu Paper Mills returned to profitability in Q1FY26, reporting a net profit of ₹12.77 lakh compared to a net loss of ₹61.52 lakh in the same period last year. The turnaround follows a prolonged streak of consecutive quarterly losses and was driven by operational restructuring and a focus on high-margin paper variants. Revenue from operations rose 30.8% to ₹1,235.17 lakh for the quarter ended June 30, 2026, up from ₹943.33 lakh in the corresponding previous quarter.

The Board of Directors approved the unaudited standalone financial results at a meeting held on July 23, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Demble Ramani & Co., in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s operational improvements contributed to a significant increase in earnings before interest, depreciation, taxes, and amortization (EBIDTA), which turned positive at ₹58.43 lakh. This compares to a negative EBIDTA of ₹47.69 lakh in Q1FY25. Profit from operations before exceptional items and tax stood at ₹18.28 lakh, a reversal from the loss of ₹86.79 lakh reported in the prior year quarter.

Operational Highlights

Management attributed the financial recovery to successful execution of operational restructuring plans. Key strategies included optimizing the product mix to reduce dependency on low-yield commodities and focusing on quality upgrades across product lines. These measures enabled superior price realization, allowing the company to command higher market premiums and defend margins against industry inflation.

The company operates in a single segment—paper manufacturing—and therefore, segment reporting is not required as per Ind AS 108. The financial results for the quarter ended June 30, 2026, were prepared in compliance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.