Star Paper Mills to hold 87th AGM on Sep 24, proposes ₹2.50 dividend
Star Paper Mills Limited will hold its 87th AGM on September 24, 2026, to consider the audited financial results for FY 2025-26 and propose a dividend of ₹2.50 per share. The company reported a turnover of ₹409.94 Crores and a PAT of ₹32.75 Crores for FY 2025-26.
The declaration of dividend and the AGM proceedings are important events for shareholders. The financial results show a decrease in performance, which could influence investor sentiment.
The announcement details the upcoming AGM, dividend proposal, and audited financial results. While the dividend proposal is positive, the decrease in turnover and profit compared to the previous year indicates a neutral sentiment.
Star Paper Mills Limited has announced its 87th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 11:00 AM via Video Conferencing/Other Audio Visual Means (VC/OAVM). The company proposes to declare a dividend of ₹2.50 per equity share (25%) for the financial year ended March 31, 2026. Additionally, the AGM will address the appointment of a director in place of Mrs. Pragya Jhunjhunwala, who retires by rotation and is eligible for re-appointment, and approve the remuneration of the Cost Auditors for FY 2026-27. The company has also submitted its Annual Report for the financial year 2025-26.
The audited financial results for the year ended March 31, 2026, show a turnover of ₹409.94 Crores, compared to ₹436.34 Crores in the preceding year. The Profit After Tax (PAT) for the year stood at ₹32.75 Crores, down from ₹41.14 Crores in FY 2024-25. The company's Board of Directors has approved the appointment of M/s K.B. Saxena & Associates as cost auditors for FY 2026-27 at a remuneration of ₹0.50 lac plus applicable taxes and out-of-pocket expenses.
A plain-language summary of a public exchange filing by Star Paper Mills Limited. Read the original for the full detail.