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Kuantum Papers informs about outcome of board meeting

25 Oct 2023 Evaluate
Kuantum Papers has informed that in the Meeting of Board of Directors of the Company held on Wednesday, the 25th October, 2023 at Chandigarh, the following decisions, among others, have been taken: Redemption of unlisted 3,00,00,000 10% Non-Cumulative Redeemable Preference Shares of Rs 10 each fully paid-up aggregating to Rs 30.00 crores at par on 30th October 2023 i.e., before their scheduled redemption dates; Interim dividend on the 10% unlisted Non-Cumulative Redeemable Preference Shares at 10% per annum to be paid on pro rata basis for the period 1st April 2023 to 29th October 2023. The meeting commenced at 11:30 am and concluded at 12:05 pm.

The above information is a part of company’s filings submitted to BSE.

Kuantum Papers Share Price

84.28 -0.95 (-1.11%)
20-Apr-2026 10:43 View Price Chart
Peers
Company Name CMP
JK Paper 373.60
TN Newsprints 141.00
West Coast Paper 498.90
Emami Paper Mills 75.14
Seshasayee Paper 267.50
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