Orient Paper & Industries Limited has announced the opening of a SEBI special window for transfer and dematerialisation of physical securities. The facility, established under SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, provides shareholders with an opportunity to process physical share transfers that were previously restricted.

Special Window Details

The special window operates under specific parameters designed to facilitate smooth processing of eligible securities:

Scope of Coverage

The special window extends beyond new applications to include previously submitted requests. Shareholders who had earlier submitted transfer requests that were rejected, returned, or not processed due to deficiencies can now resubmit their applications. These applications must be rectified and resubmitted within the specified timeframe to be eligible for processing.

Compliance and Publication

Orient Paper & Industries has fulfilled its regulatory obligations by publishing notices in multiple newspapers to ensure widespread awareness among shareholders. The company published the notice in:

• Business Standard (English Daily)
• Pratidin (Oriya Daily)

The SEBI circular and related information are also available on the company's website at www.orientpaper.in for easy access by shareholders.

Contact Information for Shareholders

Shareholders seeking assistance or additional information can reach out through multiple channels:

The company's registrar and transfer agent, KFin Technologies Limited, provides dedicated support for shareholders navigating the transfer process. All transfers processed through this special window will be subject to SEBI guidelines, including the mandatory one-year lock-in period from the date of registration of transfer.

Orient paper & industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing mixed performance with revenue growth offset by widening losses. The company's board approved these results at a meeting held on February 11, 2026.

Financial Performance Overview

The company's quarterly performance showed contrasting trends in revenue and profitability metrics:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Orient Paper & Industries demonstrated improved loss management despite revenue challenges:

Segment-wise Revenue Performance

The company operates through two primary business segments with distinct performance patterns:

Paper & Tissue Segment

• Q3FY26 revenue: ₹194.36 crores vs ₹191.98 crores in Q3FY25
• Nine-month revenue: ₹549.39 crores vs ₹572.66 crores in 9M FY25
• Segment loss for nine months: ₹75.00 crores vs ₹33.18 crores loss in previous year

Chemicals Segment

• Q3FY26 revenue: ₹45.40 crores vs ₹42.09 crores in Q3FY25
• Nine-month revenue: ₹134.64 crores vs ₹117.27 crores in 9M FY25
• Segment profit for nine months: ₹17.71 crores vs ₹11.88 crores in previous year

Cost Structure and Expenses

The company's expense analysis reveals key operational challenges. Total expenses for Q3FY26 stood at ₹267.58 crores compared to ₹252.43 crores in Q3FY25. Major expense categories included:

• Cost of materials consumed: ₹111.93 crores (Q3FY26) vs ₹106.84 crores (Q3FY25)
• Power & fuel expenses: ₹51.30 crores vs ₹53.47 crores
• Employee benefits expenses: ₹28.35 crores vs ₹25.12 crores
• Other expenses: ₹54.86 crores vs ₹57.65 crores

Regulatory and Tax Developments

The company disclosed significant impacts from recent regulatory changes. Following the notification of four Labour Codes by the Government of India on November 21, 2025, Orient Paper & Industries assessed an incremental impact of ₹3.77 crores under employee benefits expenses for the quarter and nine-month period ended December 31, 2025.

Additionally, the company exercised the option under Section 115BAA of the Income-tax Act, 1961 in Q1FY26, resulting in a deferred tax credit of ₹48.49 crores for the nine-month period.

Balance Sheet Position

As of December 31, 2025, the company maintained total assets of ₹2,220.98 crores against total liabilities of ₹690.05 crores. The paid-up equity share capital remained stable at ₹21.22 crores with a face value of Re.1 per share. Basic and diluted earnings per share for Q3FY26 stood at ₹(1.00) compared to ₹(0.49) in the corresponding quarter of the previous year.