Sundaram Multi Pap
1.45
+0.06(+4.32%)
Market Cap₹68.71 Cr
PE Ratio-
Company Performance:
1D+4.32%
1M+15.08%
6M-21.20%
1Y-30.29%
5Y+16.00%
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More news about Sundaram Multi Pap
13Nov 25
Sundaram MultiPap Reports Q2 FY2026 Net Loss, Shareholders Approve Preferential Share Issue
Sundaram Multi Pap Limited reported a net loss of Rs 83.01 lacs for Q2 FY2026, compared to a profit of Rs 44.38 lacs in Q1. Total income decreased by 36.1% to Rs 2,603.65 lacs. Shareholders approved the issuance of 7.04 crore preferential shares to acquire a 52.38% stake in Sundaram Land and Assets Private Limited. The resolution received 98.30% favorable votes at the EGM. Auditors raised concerns about trade receivables and inadequate provisions.
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13Nov 25
Sundaram MultiPap Approves Rs 23.58 Crore Preferential Share Issue at EGM
Sundaram Multi Pap held an EGM to approve a preferential issue of up to 7.04 crore equity shares at Rs 3.35 per share, aiming to raise Rs 23.58 crore. The purpose is to acquire a 52.38% stake in Sundaram Land and Assets Private Limited through a share swap with non-promoter shareholders. The EGM, chaired by Amrut P. Shah, was conducted via video conference with all directors present. Remote e-voting was used for the special resolution, with Mr. Gaurang Shah appointed as scrutinizer.
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31Oct 25
Sundaram Multi Pap Issues Corrigendum for Preferential Share Allotment EGM
Sundaram Multi Pap Limited issued a corrigendum to its EGM notice, clarifying details of its proposed preferential issue of 7.04 crore equity shares. The EGM is scheduled for November 12, 2025. Key updates include removal of 'rounded off' term, confirmation of October 13, 2025, as the relevant date for floor price, and changes in shareholding pattern post-issue. The corrigendum lists 56 non-promoter allottees, with New Age Capital Partners receiving the largest allocation. The company confirmed compliance with regulatory requirements and provided assurances regarding the status of its directors and promoters.
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16Oct 25
Sundaram Multi Pap Approves Rs 23.58 Crore Share Swap for Strategic Acquisition
Sundaram Multi Pap Limited has approved a share swap deal to acquire a 52.38% stake in Sundaram Land and Assets Private Limited. The company will issue 7.04 crore equity shares at Rs 3.35 per share, valuing the deal at approximately Rs 23.58 crore. This acquisition aims to diversify Sundaram Multi Pap's business into urban infrastructure, project development, and construction-linked innovation. An EGM is scheduled for November 12, 2025, to seek shareholder approval, with the acquisition expected to complete within 15 days after the EGM, subject to regulatory approvals.
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14Aug 25
Sundaram Multi Pap Reschedules Board Meeting to August 25 for Acquisition Proposal and AGM Notice
Sundaram Multi Pap Limited has rescheduled its Board Meeting from August 20 to August 25, 2025. The meeting will consider acquiring a 53% stake in Sundaram Land and Assets Private Limited through a share swap. Other agenda items include approving the 31st AGM notice and issuing equity shares for the acquisition. The trading window for company securities will remain closed until 48 hours after the meeting concludes.
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06Aug 25
Sundaram Multi Pap to Review Q1 Results and Explore Strategic Partnership with Sundaram Land and Assets
Sundaram Multi Pap Limited has scheduled a board meeting for August 12, 2025, to approve Q1 financial results and explore a strategic partnership with Sundaram Land and Assets Private Limited. The partnership aims to develop seven key business areas, including manufacturing, e-commerce, and logistics. The board will consider acquiring a 53% stake in Sundaram Land and Assets and may appoint advisors for due diligence. The company's trading window is closed until 48 hours after the results declaration.
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Sundaram Multi Pap
1.45
+0.06
(+4.32%)
1 Year Returns:-30.29%
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Sundaram Multi Pap
1.45
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