Star Paper Mills declares ₹2.50 per share dividend for FY26
- Declared dividend of ₹2.50 per equity share for FY26
- Adopted audited financial statements for year ended March 31, 2026
- Reappointed Mrs. Pragya Jhunjhunwala as Director retiring by rotation
- Approved Cost Auditor remuneration for FY27
*this image is generated using AI for illustrative purposes only.
Star Paper Mills Limited declared a dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, during its 87th Annual General Meeting (AGM).
The meeting was conducted through video conferencing on September 24, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Members also approved the adoption of the audited financial statements and the reappointment of a director.
Key resolutions approved
Shareholders passed all ordinary and special business items set out in the AGM notice. The resolutions included the adoption of the Balance Sheet and Statement of Profit & Loss for FY26, along with the declaration of the final dividend.
| Resolution No. | Item of Business |
|---|---|
| 1 | Adopt audited Balance Sheet and Statement of Profit & Loss for FY26 |
| 2 | Declare dividend of ₹2.50 per equity share for FY26 |
| 3 | Reappoint Mrs. Pragya Jhunjhunwala as Director |
| 4 | Approve remuneration of Cost Auditors for FY27 |
Mrs. Pragya Jhunjhunwala, who retired by rotation and offered herself for reappointment, was absent from the meeting due to personal reasons. All other Directors were present. Mr. Shrivardhan Goenka, Non-executive Director, chaired the proceedings as elected by the members.
Meeting proceedings and voting
The company provided a remote e-voting facility to members prior to the meeting. Those present who had not voted electronically could cast their votes through 'Insta-voting' during the session. The window for Insta-voting remained open for 15 minutes after the close of the meeting.
Mr. Madhukar Misha, Managing Director, addressed queries raised by registered speakers. The results of the e-voting are scheduled to be displayed on the company's website and disseminated to stock exchanges within the permitted timeframe.
Historical Stock Returns for Star Paper Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.93% | -2.32% | +8.79% | +25.08% | -9.30% | +6.97% |
How does the declared dividend of ₹2.50 per share compare to Star Paper Mills' payout ratio in previous fiscal years?
What impact will the reappointment of Mrs. Pragya Jhunjhunwala have on the company's strategic direction for FY27?
How might the approved cost auditor remuneration for FY27 reflect changes in operational complexity or input costs for the paper industry?
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