Seshasayee Paper & Boards Limited has announced the appointment of M/s S.Mahadevan & Co, Cost Accountants (Firm Registration No.000007), as the Cost Auditor of the company for the Financial Year 2026-27. The Board of Directors approved this appointment at its meeting held on May 12, 2026. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30.01.2026.

Appointment Details

The following table summarises the key details of the appointment as disclosed under Regulation 30 of the SEBI Listing Regulations:

Profile of M/s S.Mahadevan & Co

M/s S.Mahadevan & Co is a 43-year-old firm that was established as a Firm of Cost Accountants in 1978. The firm provides a wide range of compliance and Cost Audit Certification Services in India. Over the years, the firm has expanded its presence across multiple cities, with its offices and associate network covering key financial and industrial hubs.

Office Presence

• Main Offices: Chennai and Coimbatore
• Associate Offices: Salem, Bangalore, and Hyderabad
• Corporate Office: 112, Dr. Radhakrishna Road, Tatabad, Coimbatore 641012

All offices are manned by experienced professionals as partners, enabling the firm to serve clients across diverse industries and geographies.

Regulatory Disclosure

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited by S. Srinivas, Director (Finance) & Secretary (DIN: 09713128), on behalf of Seshasayee Paper and Boards Limited. The company's registered office and works are located at Pallipalayam, Namakkal District, Erode – 638 007, Tamilnadu, India. The disclosure of relationships between directors was noted as not applicable in the context of this appointment.

Seshasayee Paper & Boards , headquartered in Pallipalayam, Namakkal District, Erode, Tamil Nadu, announced on May 12, 2026, that its Board of Directors has approved a capital investment of ₹25.00 crores for the augmentation of its copier paper conversion facility. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the company's policy on determination of materiality of events and information.

Investment Overview

The approved capital investment is directed towards augmenting the copier paper conversion facilities at the company's Erode and Tirunelveli units. The stated rationale for this investment is to enable the company to have increased participation in the Copier Paper market. Importantly, the company has clarified that this project involves only the augmentation of conversion facilities and does not result in any change in the overall paper manufacturing capacity.

The key parameters of the approved project are outlined below:

Operational Context

The company's combined paper manufacturing capacity across its Erode and Tirunelveli units currently stands at 2,55,000 tonnes per annum, with an existing capacity utilization of 97%. The project, as disclosed, envisages only the augmentation of conversion facilities, with no addition to the overall manufacturing capacity. The project is planned for completion within 6 months from June 2026.

Regulatory Disclosure

The announcement was made by S. Srinivas, Director (Finance) & Secretary (DIN: 09713128), on behalf of Seshasayee Paper and Boards Limited. The disclosure was filed with both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30(4) of SEBI (LODR) Regulations, 2015.