Satia Industries Sets September 23, 2025 as Record Date for Final Dividend

1 min read     Updated on 17 Sept 2025, 01:42 PM
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Overview

Satia Industries has announced September 23, 2025, as the record date for its final dividend for FY 2024-25. The 44th Annual General Meeting is scheduled for September 30, 2025, where shareholders will vote on the dividend approval. If approved, the dividend will be paid within four weeks after the AGM. The company has informed both BSE and NSE about the record date fixation in compliance with SEBI regulations.

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Satia Industries , a manufacturer of writing, printing, and specialty paper, has announced important dates regarding its final dividend for the financial year 2024-25. The company has set September 23, 2025, as the record date for determining shareholder eligibility for the dividend payment.

Key Details

Item Date/Details
Record Date September 23, 2025
Annual General Meeting September 30, 2025 (44th AGM)
Dividend Subject to Shareholder approval at the AGM
Payment Timeline Within four weeks after AGM

Dividend Distribution Process

The final dividend, if declared at the 44th Annual General Meeting scheduled for September 30, 2025, will be paid to eligible shareholders. For shareholders holding shares in dematerialized form, the dividend will be distributed based on the beneficial ownership details provided by the depositories.

Regulatory Compliance

This announcement aligns with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Satia Industries has duly informed both the BSE Limited and the National Stock Exchange of India Ltd about the record date fixation.

Company Background

Satia Industries Limited, an ISO 9001, 14001 & OHSAS 18001 certified company, specializes in manufacturing quality writing, printing, and specialty paper with ECO MARK certification. The company's registered office and mill are located in Village Rupana, Sri Muktsar Sahib, Punjab.

Shareholders and potential investors are advised to mark these dates on their calendars and ensure their shareholding details are up to date with their respective depositories or the company's Registrar and Transfer Agent for smooth processing of dividend payments, if approved at the AGM.

Historical Stock Returns for Satia Industries

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+1.85%+2.46%+5.04%+24.73%-27.11%-28.39%
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Satia Industries Appoints New Directors, Reports Q1 FY26 Financial Results

2 min read     Updated on 12 Aug 2025, 03:09 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Satia Industries has appointed two new Non-Executive Independent Directors and re-appointed one existing director, subject to shareholder approval. The company reported Q1 FY26 financial results with revenue of INR 3,709 million, down 7% YoY, and net profit of INR 316 million, down 38% YoY. Operational updates include rescheduling PM3 maintenance, expanding cutlery segment capacity, and a planned PM4 shutdown. Management remains positive about the paper industry outlook despite challenges.

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Satia Industries , a leading writing and printing paper manufacturer in India, has announced significant changes to its board of directors and released its financial results for the first quarter of fiscal year 2026.

Board Appointments and Re-appointments

The company's Board of Directors has approved the appointment of two new Non-Executive Independent Directors and the re-appointment of an existing director:

  • Mr. Deepak Kumar Kakkar and Mr. Vibhor Kapoor have been appointed as Non-Executive Independent Directors for five-year terms from August 11, 2025, to August 10, 2030.
  • Mr. Vinod Kumar Kathuria has been re-appointed as a Non-Executive Independent Director for a five-year term from October 1, 2025, to September 30, 2030.

These appointments are subject to shareholder approval.

Director Profiles

  • Mr. Deepak Kumar Kakkar brings nearly 40 years of banking experience, including roles as Country Manager at Punjab National Bank in Afghanistan and Circle Head positions.
  • Mr. Vinod Kumar Kathuria has four decades of banking experience and previously served as Executive Director at Union Bank of India.
  • Mr. Vibhor Kapoor is a Chartered Accountant and CFA with 14 years of corporate banking experience across multiple banks. He currently runs a debt syndication company.

Q1 FY26 Financial Highlights

For the quarter ended June 30, 2025, Satia Industries reported:

Metric Q1 FY26 Q1 FY25 YoY Change
Revenue from operations 3,709.00 3,994.00 -7%
EBITDA 632.00 1,107.00 -43%
Net profit 316.00 511.00 -38%
Earnings per share (EPS) 3.16 5.11 -38%

All financial figures in INR million, except EPS in INR

Operational Updates

  • The company rescheduled the maintenance shutdown of its PM3 paper machine to later in the current financial year due to delays in component supply.
  • Satia Industries expanded its cutlery segment capacity by adding five new machines, bringing the total to 14, all operating at full capacity.
  • A planned 9-day shutdown of PM4 for routine maintenance slightly impacted production volumes during the quarter.

Management Commentary

Executive Director Mr. Chirag Satia commented on the results, stating, "The Indian paper industry remains steady, driven by growing demand for sustainable packaging and support from government initiatives. While raw material availability and input cost fluctuations continue to pose challenges, the sector's outlook remains positive."

He added, "With the forthcoming festive season representing our inaugural major opportunity to capitalize on the cutlery business, we are actively building inventory to meet the anticipated demand. Supported by a robust order book and a strong balance sheet, we remain dedicated to maximizing long-term stakeholder value through sustained operational excellence and strategic growth initiatives."

Satia Industries continues to focus on operational efficiency and strategic growth as it navigates the current market conditions in the paper industry.

Historical Stock Returns for Satia Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+2.46%+5.04%+24.73%-27.11%-28.39%
Satia Industries
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