Emami Paper Mills approves FY26 results, recommends 160% dividend, reappoints Manish Goenka
Emami Paper Mills approved audited financial results for FY26, reporting a profit after tax of ₹61.38 crore. The company recommended a 160% dividend on equity shares. Shri Manish Goenka was reappointed as Vice Chairman for three years starting July 1, 2026. M/s. V.K Jain & Co. appointed as Cost Auditors for FY27.
The dividend recommendation and reappointment of a key managerial person have a moderate impact on shareholder value and corporate governance. The financial results, while positive, are not exceptionally high.
The company reported positive financial results, recommended a dividend, and approved key management reappointments and auditor appointments, all indicating stability and growth.
Emami Paper Mills Limited announced the outcome of its Board Meeting held on May 28, 2026, where the audited financial results for the quarter and financial year ended March 31, 2026, were approved.
The Board recommended a dividend of 160% (₹3.20 per equity share of face value ₹2) and 8% (₹8 per preference share of face value ₹100) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Furthermore, the company approved the appointment of M/s. V.K Jain & Co. as Cost Auditors for the Financial Year 2026-2027, based on the recommendation of the Audit Committee. The Board also approved the reappointment of Shri Manish Goenka as Whole-time Director, designated as Vice Chairman, for a period of three years from July 1, 2026, to June 30, 2029, subject to shareholder approval at the ensuing AGM.
The financial results indicated a profit after tax of ₹31.50 crore for the quarter ended March 31, 2026, and ₹61.38 crore for the full financial year ended March 31, 2026. The company also reported an exceptional item of ₹1.25 crore related to the incremental impact of the New Labour Codes notified by the Government of India. The Board meeting commenced at 01:15 p.m. and concluded at 03:30 p.m.
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Emami Paper Mills Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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