Seshasayee Paper and Boards Limited declared a final dividend of ₹2 per share for the financial year 2025-26 at its 66th Annual General Meeting (AGM) held on June 20, 2026. The meeting, conducted via video conferencing, approved the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of key executive directors. The dividend will be paid to shareholders whose names appear in the Register of Members or records of depositories as on June 10, 2026.

Remote e-voting commenced on June 17, 2026, and closed on June 19, 2026, while e-voting during the AGM was conducted for shareholders present via video conferencing. The votes were unblocked on June 20, 2026, at 1:30 P.M. in the presence of independent witnesses, Mr. S. Krishnan and Mrs. B. Lalitha Bhavani. A total of 605 shareholders participated, including 9 from the promoter group and 596 from the public, with votes polled representing approximately 49.5% of the outstanding shares.

Voting Results Summary

The resolutions covered ordinary business items such as financial results and director appointments, as well as special business regarding auditor remuneration. The scrutinizer, K. Sankara Subramanian, validated the process conducted via the National Securities Depository Limited (NSDL) system.

Director Re-appointments

Shareholders approved the re-appointment of Sri Ganesh Balakrishna Bhadti as Executive Director (Operations & Projects) and Sri S. Srinivas as Director (Finance) & Secretary. While the promoter group voted 100% in favour for both resolutions, some dissent was observed from other categories, with 0.07% voting against the re-appointments. However, the overall approval remained robust at 99.93% for both directors.

Financial and Auditor Approvals

The adoption of the audited financial statements for the financial year ended March 31, 2026, received 99.99% approval. The resolution to declare a dividend was passed with 99.99% of votes in favour. Additionally, the remuneration for the Cost Auditor for the financial year 2026-27 was approved with 99.99% support from the shareholders.

Seshasayee Paper and Boards Limited has fixed June 10, 2026, as the record date to determine members eligible for the dividend recommended for the financial year 2025-26. The Board of Directors recommended a dividend of ₹2.00 per equity share of face value ₹2 each. The dividend will be paid on June 22, 2026, subject to deduction of tax at source. Shareholders are advised to register or update their bank account details with their respective Depository Participants or the Registrar and Transfer Agent to ensure receipt of the dividend.

The company announced that its 66th Annual General Meeting (AGM) will be held on Saturday, June 20, 2026, at 11.00 AM IST via video conferencing. In compliance with Ministry of Corporate Affairs circulars, the meeting will be conducted without the physical presence of members at a common venue. The registered office of the company will be deemed the venue for the AGM. The Board has recommended the re-appointment of Sri Ganesh Balakrishna Bhaddi, Executive Director (Operations & Projects), and Sri S Srinivas, Director (Finance) & Secretary, who retire by rotation.

Ordinary Business

The AGM will transact ordinary business, including the adoption of financial statements for the year ended March 31, 2026, and the declaration of dividend. The Board has appointed M/s. S.Mahadevan & Co., Cost Accountants, as the Cost Auditor for the financial year 2026-27 and proposed a remuneration of ₹4,00,000, plus Goods and Service Tax and reimbursement of actual expenses.

Voting and Participation

Seshasayee Paper and Boards Limited has provided a remote e-voting facility for members to cast votes on all resolutions set out in the AGM notice. The remote e-voting period is scheduled from Wednesday, June 17, 2026 (09:00 AM) to Friday, June 19, 2026 (05:00 PM). Additionally, e-voting will be available during the AGM. The cut-off date for determining eligibility for both remote e-voting and e-voting at the AGM is fixed as June 13, 2026.

The electronic copy of the Annual Report for FY26, comprising the Notice of the 66th AGM, financial statements, and other required documents, will be sent to members whose email addresses are registered with the depositories. These documents will also be available on the company's website and the websites of BSE Ltd. and National Stock Exchange of India Ltd.