Promoter group entities have increased their shareholdings in Seshasayee Paper and Boards Limited through separate open market transactions in late June 2026. Time Square Investments Private Limited acquired 3,767 equity shares on June 29, 2026, raising its total stake to 10.221%. Earlier, Dhanashree Investments Private Limited purchased 78,202 shares on June 25, 2026, increasing its holding to 4.944%. Both disclosures were submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Time Square Investments purchased the shares at a price of ₹225.32 per share on the National Stock Exchange (NSE). Prior to this transaction, the acquirer held 6,442,502 shares, representing 10.215% of the paid-up share capital. Following the acquisition, the holding increased to 6,446,269 shares. The acquirer is classified as part of the promoter group.

Dhanashree Investments acquired its shares at ₹224.52 per share on the NSE. The purchase increased its stake from 4.820% to 4.944%. The total equity share capital of Seshasayee Paper and Boards Limited stands at 63,068,140 shares with a face value of ₹2 each.

Acquisition Summary

The filings confirm that no other instruments such as warrants or convertible securities were acquired or sold during these transactions. The total diluted share capital information was not available as per the disclosures.

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.