West Coast Paper Mills Limited has scheduled its 71st Annual General Meeting (AGM) for Monday, August 17, 2026, at 11:30 A.M. via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting complies with Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025. The company's registered office is located at Bangur Nagar, Dandeli, Karnataka.

AGM Key Details

The following table summarises the key dates and logistics associated with the 71st AGM:

Ordinary Business

The ordinary business to be transacted at the AGM includes:

• Adoption of the Standalone Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Directors and Auditors.
• Adoption of the Consolidated Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of Auditors.
• Declaration of dividend on Equity Shares for the financial year ended March 31, 2026. The Board has recommended a dividend of ₹ 3/- per equity share (150%).
• Re-appointment of Shri Saurabh Bangur (DIN: 00236894), who retires by rotation and is eligible for re-appointment.

Financial Performance Overview

The financial results for the year ended March 31, 2026 reflect the operating environment during the period. The following table presents key standalone financial metrics:

On a standalone basis, revenue from operations stood at ₹ 2,49,786.13 Lakhs, while Profit After Tax was ₹ 15,353.34 Lakhs. Earnings per share (Basic/Diluted) stood at ₹ 23.25 compared to ₹ 43.11 in the previous year. On a consolidated basis, revenue from operations was ₹ 4,27,794.04 Lakhs and consolidated Profit After Tax was ₹ 15,572.62 Lakhs, against ₹ 33,564.01 Lakhs in the previous year.

Special Business

The AGM will also consider the following special business items:

Ratification of Cost Auditor's Remuneration

The Board of Directors, on the recommendation of the Audit Committee at its meeting held on May 27, 2026, approved the appointment of Shri Umesh Kini (M.No. 29159), Cost Accountant, as Cost Auditor for the financial year ending March 31, 2027, at a remuneration of Rs. 2,00,000/- (Rupees Two Lakh) plus applicable taxes and out-of-pocket expenses. Members' ratification is sought through an ordinary resolution.

Re-appointment of Independent Director

Shri Prakash Kacholia (DIN: 00002626), Non-Executive Independent Director, whose existing term expires on November 8, 2026, is proposed to be re-appointed for a second term of 3 (three) consecutive years commencing from November 9, 2026 to November 8, 2029, subject to approval by special resolution. Shri Kacholia is a Chartered Accountant with over three decades of experience in capital markets and is a member of the Audit Committee and Nomination & Remuneration Committee of the Board.

Re-appointment of Joint Managing Director

Shri Virendraa Bangur (DIN: 00237043) is proposed to be re-appointed as Joint Managing Director for a further period of 3 (three) years with effect from June 26, 2026 to June 25, 2029. Key terms of his re-appointment are summarised below:

The resolution also seeks member approval for payment of annual remuneration including commission on net profits, exceeding Rs. 5 Crore up to 5 per cent of the net profit of the Company.

Re-appointment of Executive Director

Shri Rajendra Jain (DIN: 07250797) is proposed to be re-appointed as Executive Director for a further period of 2 (Two) years with effect from July 31, 2026 to July 30, 2028. Key terms of his re-appointment are as follows:

E-Voting and Participation

The company has entered into an agreement with MUFG Intime India Pvt. Ltd. for providing the electronic voting facility. Members holding shares in demat mode can vote through their demat accounts maintained with NSDL or CDSL. The facility for voting through InstaMeet (VC/OAVM) will also be available during the AGM for members who have not cast their votes through remote e-voting. Shri Naman Gurumurthi Joshi (Membership No. F8389), Company Secretaries, N.G. Joshi & Co., has been appointed as the Scrutinizer for the e-voting process.

The Annual Report for FY 2025-26, including the Business Responsibility and Sustainability Report as on March 31, 2026, is available on the company's website at www.westcoastpaper.com/investors . The results of voting will be posted on the company's website and communicated to the stock exchanges immediately after declaration.

West Coast Paper Mills Limited achieved a 6.50% reduction in specific water consumption during FY 2025-26, lowering usage to 43 KL per ton of paper from 46 KL per ton in the previous year. The company also reported saving 78,148 GJ of energy through various initiatives aimed at optimizing production processes and adopting energy-efficient equipment. These measures are part of the company's broader strategy to minimize environmental impact and reduce its carbon footprint.

The company disclosed that it planted 200.30 lakh seedlings and saplings during the financial year, surpassing its target of 200 lakh. These plantations, covering approximately 9,614 hectares of land, are intended to enhance wood resource availability for pulp manufacturing. The firm has set a future target to plant 3 crore trees during FY 26-27 to meet projected hardwood demand.

Operational and Financial Metrics

West Coast Paper Mills reported a turnover of ₹2,49,113 lakh and a net worth of ₹2,82,428 lakh for the year. The company operates three plants and eight offices nationally, serving markets across 23 states and 12 countries. Exports contributed 1% to the total turnover. The firm’s primary business activities include the manufacture of pulp, paper, and paperboard, which accounted for 89% of turnover, while optic fibre cable and optic fibre contributed 11%.

Environmental Performance

The company’s efforts in resource conservation included a reduction in steam consumption per ton of product, which fell from 9.02 MT in 2024-25 to 8.82 MT in 2025-26. Waste management initiatives resulted in the reclamation and recycling of approximately 97% of the chemicals used in the pulp cooking process. Furthermore, around 28% of process water was recycled and reused. The company also invested ₹2,501 lakh in environmental improvement projects at its Dandeli unit.

Governance and Compliance

The Board of Directors oversees the implementation and governance of the company's Business Responsibility policies. The Executive Director is responsible for decision-making on sustainability-related issues. The company confirmed compliance with all applicable environmental regulations, including the Water Act, Air Act, and Environment Protection Act. It maintains ISO 9001, ISO 14001, and ISO 45001 certifications for quality, environment, and occupational health and safety management systems, respectively.