Pudumjee Paper Products Ltd. has secured medium-term open access permission for its solar power plant, enabling the company to utilize renewable energy for captive consumption. The regulatory approval represents a key milestone in the company's sustainable energy strategy.

Solar Power Plant Details

The company received permission for captive consumption of power generated from its 15.4 MWac solar power plant located in District Solapur, Maharashtra. This approval allows Pudumjee Paper Products to directly consume the electricity generated by its solar facility for its manufacturing operations.

Regulatory Compliance and Timeline

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier communication dated November 27, 2025, regarding the commissioning of the solar power plant.

The five-year permission period provides Pudumjee Paper Products with long-term access to renewable energy, supporting the company's operational requirements while contributing to its sustainability objectives. The open access permission enables the company to transmit power from its solar facility through the grid to its manufacturing units.

Corporate Disclosure

The company has made this information available on its official website at pudumjee.com under the notices and information section, ensuring transparency and compliance with disclosure requirements. The formal intimation was communicated to both the National Stock Exchange of India Ltd. and BSE Ltd. on January 14, 2026.

This development strengthens Pudumjee Paper Products' renewable energy portfolio and aligns with the growing emphasis on sustainable manufacturing practices in the paper industry.

Pudumjee Paper Products Limited , a leading manufacturer in the paper and hygiene products sector, has successfully completed the shareholder approval process for its new Independent Director appointment through postal ballot proceedings.

Shareholder Approval Through Postal Ballot

The company's shareholders have overwhelmingly approved the appointment of Mrs. Shailaja Nair as Non-Executive Independent Director through postal ballot conducted on December 17, 2025. The voting results demonstrate strong shareholder confidence:

The postal ballot was conducted exclusively through remote e-voting, with Ms. Savita Jyoti serving as the Scrutinizer for the process. The Board of Directors had initially approved this postal ballot proposal at their meeting held on November 10, 2025.

Director Appointment Details

Mrs. Shailaja Nair's appointment as Additional Director in the capacity of Non-Executive Independent Director became effective from November 14, 2025, for a term of 5 years until November 13, 2030. She will not be liable to retire by rotation.

Mrs. Nair brings over three decades of experience in financial services, ESG strategy, and regulatory compliance to the board. Her expertise spans corporate governance, risk frameworks, Global Capability Center (GCC) setup, and IPO management. Previously, as Executive Committee Member and Senior Vice President at AXA Global Business Services, she led finance, operations, procurement, and ESG initiatives across 26 global entities.

Q2 FY26 Financial Performance

Pudumjee Paper Products has released its unaudited financial results for the quarter ended September 30, 2025:

The company's revenue from operations for Q2 FY26 showed a 5.44% increase from the previous quarter but a 6.89% decrease compared to the same quarter last year.

Business Segment Performance

The company operates across two key segments:

Operational Developments

Pudumjee Paper Products continues to advance its operational capabilities with several key projects in progress. The company's 15.4 MW Solar Power Project in Maharashtra is ready for commissioning, pending requisite approvals from MSETCL/MSEDCL. Additionally, a new boiler is awaiting statutory approval for commissioning.

The company focuses on manufacturing various biodegradable and compostable specialty papers with barrier properties, used in sustainable packaging solutions for food products, pharmaceuticals, hospital supplies, and hygiene sectors. The company is also applying for Environmental Clearance for construction at Mahad due to regulatory requirement changes, while discussions with overseas suppliers of paper-making machines remain at advanced stages.