Seshasayee Paper & Boards Limited has submitted disclosures to the National Stock Exchange of India Limited and BSE Limited regarding the shareholding of its promoters and promoter group members. The filing, dated April 3 and April 4, 2026, was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The company communicated that all members of the promoter and promoter group have submitted declarations confirming that no encumbrance has been made directly or indirectly on the shares of Seshasayee Paper and Boards Limited during the financial year ended March 31, 2026.

Promoter and Promoter Group Holdings

The disclosures detail the number of equity shares held by each entity along with their percentage contribution to the company's total capital. The data encompasses individual promoters as well as corporate entities within the promoter group.

Key Declarations

The declarations were signed by authorized representatives of each entity, including the Chairman, Company Secretaries, and Directors. The confirmations were addressed to the Audit Committee of Seshasayee Paper and Boards Limited, verifying the status of the shareholding regarding any encumbrances for the full financial year.

Seshasayee Paper & Boards Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors reviewed the results at meetings held on May 11, 2026 and May 12, 2026. The company reported a decline in annual net profit while recommending a dividend for the financial year.

Standalone Financial Performance

For the year ended March 31, 2026, the company reported a standalone net profit after tax of ₹67.78 crores, compared to ₹104.56 crores in the previous year. Revenue from operations stood at ₹1710.17 crores for FY26, against ₹1754.11 crores in FY25. Total income for the year was ₹1759.65 crores, down from ₹1824.26 crores in the corresponding previous year. Basic and Diluted EPS for FY26 stood at ₹11.25, compared to ₹17.36 in FY25.

Consolidated Financial Performance

On a consolidated basis, net profit after tax for FY26 stood at ₹82.53 crores, compared to ₹109.17 crores in FY25. Total income decreased to ₹1759.20 crores from ₹1822.98 crores in the prior year. The Group's share of net profit from its associate, Ponni Sugars (Erode) Limited, amounted to ₹15.53 crores for FY26, up from ₹6.19 crores in the previous year.

Dividend Recommendation

The Board of Directors has recommended a dividend of ₹2.00 per equity share of ₹2 each for the financial year 2025-26. This dividend is subject to approval by the members at the ensuing Annual General Meeting. The record date for the dividend is June 10, 2026.

Segment and Other Updates

Paper remains the only reportable segment of operation for the company. Regarding the acquisition of Servalakshmi Paper Limited, the company disclosed that the NCLT, Chennai bench, approved the e-auction sale of assets as a Going Concern. While two appeals against this order were dismissed, one appeal remains reserved for orders by the NCLAT. The company continues steps for the revival of operations at the acquired facility.