Nature of the Event

Regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, containing the notice for the 29th Annual General Meeting (AGM) of the company.

Key Dates and Logistics

  • AGM Date: Thursday, 27th August 2026
  • AGM Time: 11:30 AM IST
  • AGM Mode: Through Video-Conferencing (VC) or Other Audio Visual Means (OAVM). The deemed venue is the Registered Office of the Company.
  • Remote E-Voting Period: Commences Monday, 24th August 2026 (9:00 AM IST) and ends Wednesday, 26th August 2026 (5:00 PM IST).
  • Cut-off Date/Record Date: 20th August 2026 for determining members eligible to vote and receive dividend.
  • Register of Members Closure: 21st August 2026 to 27th August 2026 (both days inclusive).

Business to be Transacted

Ordinary Business

Item 1: Adoption of Financial Statements

To consider and adopt the Audited Financial Statements for the year ended March 31, 2026, including the Balance Sheet, Statement of Profit and Loss, Statement of Changes in Equity, Cash Flow Statement, and the reports of the Directors and Auditors.

Item 2: Declaration of Dividend

To declare a dividend of ₹2.50 (i.e., 250%) per equity share of face value ₹1 each for the financial year 2025-26, as recommended by the Board, to be paid to eligible members on the Record Date.

Item 3: Re-appointment of Director

To re-appoint Shri Jagesh Kumar Khaitan (DIN: 00026264), a Director retiring by rotation, as a Director of the Company.

Special Business

Item 4: Ratification of Cost Auditor Remuneration

To ratify and approve the payment of remuneration of ₹200,000 (Rupees Two Lakhs) plus GST and reimbursement of actual out-of-pocket expenses to M/s R.J. Goel & Co., Cost Accountants, Delhi (Firm Registration No. 000026), for conducting the cost audit for the financial year 2026-27. The Board had already approved this appointment based on the Audit Committee's recommendation.

Item 5: Re-appointment of Vice Chairman & Managing Director

To pass a Special Resolution for the re-appointment of Shri Pavan Khaitan (DIN: 00026256) as Vice Chairman & Managing Director for a further period of three years, commencing April 1, 2027, to March 31, 2030, on the following terms and conditions:

  • Salary: Basic salary of ₹36,00,000 per month (Rupees Thirty Six Lakhs) effective April 1, 2027, within a grade of ₹36,00,000 — ₹39,00,000 — ₹42,00,000 per month.
  • Perquisites and Allowances: Entitled to perquisites and allowances (e.g., furnished accommodation or HRA, utilities, medical reimbursement, car, club membership) capped at an amount equal to 60% of the annual salary. The overall value of perquisites and allowances is restricted to an amount equal to the annual salary.
  • Commission: Entitled to a commission not exceeding 2.5% of the profits calculated under Section 198 of the Companies Act, 2013, as determined by the Board, payable quarterly/half-yearly/yearly.
  • Other Terms: Not entitled to sitting fees for Board/Committee meetings. Not liable to retire by rotation.
  • The resolution seeks approval for paying this remuneration as minimum remuneration, even in case of loss or inadequacy of profits or if it exceeds limits under Section 197 of the Companies Act, 2013 or Regulation 17(6)(e) of SEBI LODR.

Financial Performance Context (From Explanatory Statement)

The explanatory statement provides audited financial data for context regarding the MD's reappointment:

  • Sales & Other Income: ₹1,099.56 Cr (2025-26); ₹1,113.12 Cr (2024-25); ₹1,216.94 Cr (2023-24)
  • Profit Before Tax: ₹56.55 Cr (2025-26); ₹155.38 Cr (2024-25); ₹247.61 Cr (2023-24)
  • Net Profit After Tax: ₹41.95 Cr (2025-26); ₹115.18 Cr (2024-25); ₹183.83 Cr (2023-24)
  • Shri Pavan Khaitan's Past Remuneration: ₹7,50,06,028 (2025-26); ₹5,28,70,870 (2024-25); ₹4,50,90,339 (2023-24)

Shareholder Information and Procedures

  • The notice and annual report are being sent electronically. They are also available on the company's website (www.kuantumpapers.com), the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com), and the NSDL e-voting portal (www.evoting.nsdl.com).
  • Detailed instructions for remote e-voting and joining the AGM via VC/OAVM are provided, including login methods for shareholders holding shares in demat (NSDL/CDSL) and physical form.
  • Members can submit questions in advance by August 20, 2026, to gurindermakkar@kuantumpapers.com.
  • Physical attendance and proxy appointments are dispensed with as the meeting is virtual. Body corporates can appoint authorized representatives.
  • Emphasis is placed on members dematerializing their shares and updating KYC, PAN, bank account, and contact details with their Depository Participants (for demat holdings) or the RTA, Mas Services Limited (for physical holdings).
  • Dividend will be paid electronically, and TDS will be applicable as per the Income Tax Act, 1961.
  • Unpaid/unclaimed dividends for seven years are transferred to the Investor Education and Protection Fund (IEPF). Dividends for 2017-18 have been transferred. Shareholders are urged to claim unpaid dividends for 2018-19, 2019-20, 2022-23, 2023-24, and 2024-25.

Parties Involved

  • Stock Exchanges: BSE Limited, National Stock Exchange of India Limited (NSE)
  • Cost Auditors: M/s R.J. Goel & Co., Cost Accountants
  • E-Voting Service Provider: National Securities Depository Limited (NSDL)
  • Registrar and Transfer Agent (RTA): Mas Services Limited, New Delhi
  • Key Individuals:
  • Shri Pavan Khaitan (Vice Chairman & Managing Director, DIN: 00026256)
  • Shri Jagesh Kumar Khaitan (Director, DIN: 00026264)
  • Shri Gurinder Singh Makkar (Company Secretary & Compliance Officer, M.No. F5124)