Emami Paper Mills declares 160% dividend, reappoints Manish Goenka as Vice Chairman
Emami Paper Mills reported a profit after tax of ₹31.50 crore for Q4 FY26 and ₹61.38 crore for FY26. The company recommended a dividend of 160% 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 are significant events that can influence investor sentiment and company strategy, thus having a medium impact.
The company reported positive financial results, recommended a dividend, and announced key management reappointments, all of which are generally viewed positively by investors.
Emami Paper Mills Limited announced its audited financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 28, 2026. The company reported a profit after tax of ₹31.50 crore for the quarter and ₹61.38 crore for the year.
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, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
In key management changes, the Board 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, also subject to shareholder approval at the AGM. Additionally, M/s. V.K. Jain & Co. was appointed as the Cost Auditors for the Financial Year 2026-2027, based on the recommendation of the Audit Committee.
The company's financial results received an unmodified opinion from its statutory auditors, M/s. S K Agrawal and Co Chartered Accountants LLP. 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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