Emami Paper Mills Limited , a prominent player in the paper industry, has announced a significant development regarding its shareholding structure. Diwakar Finvest Private Limited, representing the promoter and promoter group of the company, has withdrawn a previously filed disclosure related to an inter-se transfer of shares.

Withdrawal of Share Transfer Disclosure

The disclosure, originally filed on August 21, 2025, under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, has been officially withdrawn. This decision comes as the acquirer and transferor have opted not to proceed with the proposed share transfer on the initially planned date.

Official Communication

In an official communication to the National Stock Exchange of India Limited and BSE Limited dated August 25, 2025, Santinath Paul, the authorized signatory for Diwakar Finvest Private Limited, stated:

"We, Diwakar Finvest Private Limited, one of the acquirers, on behalf of the other acquirers & transferors of Emami Paper Mills Limited, are withdrawing the disclosure filed on 21st August 2025 under regulation 10(5) of the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011."

Assurance of Future Compliance

The company has provided assurance regarding any future inter-se transfers. The statement emphasized, "It is further assured that whenever in future any inter se will be executed, fresh compliance and all the formalities will be completed as are required and deemed necessary pursuant to relevant acts, rules and regulations as are applicable."

This move underscores the company's commitment to transparency and adherence to regulatory requirements in its shareholding matters.

Impact on Shareholders

While the withdrawal of the share transfer disclosure does not directly affect the current shareholding structure, it provides insight into the dynamic nature of ownership considerations within Emami Paper Mills Limited's promoter group.

Investors and market observers will likely keep a close watch on any future announcements regarding potential share transfers or changes in the company's ownership structure.

As the situation evolves, stakeholders are advised to stay tuned for any further updates from Emami Paper Mills Limited regarding its shareholding patterns and corporate actions.

Emami Paper Mills Limited , a prominent player in the Indian paper industry, has reported a significant decline in its financial performance for the recent quarter. The company's latest financial results reveal challenges in revenue generation and profitability.

Revenue and Profit

Emami Paper Mills recorded a quarterly revenue from operations of ₹459.76 crores, marking a decrease from ₹503.69 crores in the corresponding period of the previous year. This represents a year-over-year decline of approximately 8.72% in the company's top line.

The company's profitability took a substantial hit during this quarter. Profit after tax fell to ₹6.31 crores, compared to ₹12.80 crores in the same quarter of the previous fiscal year, indicating a significant reduction of 50.70%.

Operational Performance

The company's profit before tax also declined, falling to ₹9.35 crores from ₹17.46 crores in the previous year quarter. Total expenses decreased to ₹452.01 crores compared to ₹486.88 crores in the same quarter last year, which could be attributed to cost-cutting measures or reduced operations.

Financial Highlights

Here's a breakdown of key financial metrics for the quarter:

Other Financial Aspects

The company's financial results also highlight other important aspects of its performance:

• Basic earnings per share dropped to ₹0.84 from ₹1.91 in the corresponding period, reflecting the decrease in profitability.
• The company operates in a single business segment of paper and paperboard including newsprint.

Corporate Actions

The Board of Directors approved a variation in terms of Tranche-I of Series-II Optionally Convertible Redeemable Preference Shares and its conversion into Non-Convertible Redeemable Preference Shares, subject to shareholder approval. This decision may impact the company's capital structure and future financing options.

Outlook

The decline in revenue and profitability suggests that Emami Paper Mills faced significant challenges during the quarter. These could be related to market conditions, increased competition, or other external factors affecting the paper industry.

As Emami Paper Mills navigates through these challenging times, stakeholders will be keenly watching the company's strategies to improve its financial performance in the coming quarters. The company's ability to manage costs, improve operational efficiency, and potentially diversify its product offerings may be crucial in reversing the current downward trend.