Kuantum Papers Ltd

Kuantum Papers Limited will hold a board meeting on October 28, 2026, to approve the unaudited financial results for the quarter and half year ended September 30, 2026, according to a regulatory filing. The trading window for securities of Kuantum Papers Limited is closed for designated persons, immediate relatives, insiders, and connected persons from October 1, 2026, and will remain closed until 48 hours after the financial results are declared.

Kuantum Papers Limited, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirmed that securities received for dematerialization between July 1, 2026, and September 30, 2026, were processed and verified within 15 days, and the company’s records were updated to reflect the depository as the registered owner, as certified by M/s MAS Services Ltd.

Kuantum Papers Limited will close its trading window for directors, key managerial personnel, connected persons, designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half year ending September 30, 2026, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Kuantum Papers Limited has approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures (NCDs) on a private placement basis, aggregating to Rs 100 crore, with a face value of Rs 1,00,000 each. The NCDs carry a coupon rate of 9.70% per annum, payable monthly, and a redemption premium of 3.00% per annum, accruing monthly, with a maturity date of June 2, 2030. The debentures are secured by a charge over the company's current assets, movable fixed assets, personal guarantees, a shortfall undertaking, and a lien-marked fixed deposit, and will not be listed on any stock exchange. The board’s decision follows a meeting of the company’s Finance Committee on September 3, 2026, acting under delegated authority from the Board of Directors.

Kuantum Papers Limited announced that its Finance Committee approved the allotment of 10,000 unlisted, unrated, senior, secured, redeemable, non-convertible debentures with a face value of INR 100,000 each, totaling INR 100 crore, on a private placement basis to an identified investor. The debentures, maturing on June 2, 2030, carry a coupon rate of 12.70% per annum, comprised of a 9.70% annual coupon and a 3.00% redemption premium, and are secured by charges over the company's assets and guarantees from Mr. Jagesh Kumar Khaitan, Mr. Pavan Khaitan, and Kapedo me Enterprises Limited.

Kuantum Papers Limited announced that shareholders at its 29th Annual General Meeting on August 27, 2026, approved a dividend of Rs 2.50 per share, equivalent to 250% of the face value, for the financial year ended March 31, 2026, and re-appointed Jagesh Kumar Khaitan as director retiring by rotation and Pavan Khaitan as Vice Chairman & Managing Director for a further three-year term effective April 1, 2027. The company also approved the reappointment of M/s R.J. Goel & Co. as Cost Auditors for the financial year 2026-27.

Kuantum Papers Limited shareholders approved a dividend of Rs 2.50 per share, equivalent to 250% on the equity shares of face value of Re.1 each, at the company's 29th Annual General Meeting held on August 27, 2026, and re-appointed Jagesh Kumar Khaitan as director retiring by rotation and Pavan Khaitan as Vice Chairman & Managing Director for a further period of three years effective April 1, 2027. The company also re-appointed M/s R.J. Goel & Co. as Cost Auditors for the financial year 2026-27.

Kuantum Papers Limited shareholders approved a dividend of Rs 2.50 per share, equivalent to 250% of the face value, at the company's 29th Annual General Meeting held on August 27, 2026, and re-appointed Jagesh Kumar Khaitan as director retiring by rotation and Pavan Khaitan as Vice Chairman & Managing Director for a further three-year term effective April 1, 2027. The company also re-appointed M/s R.J. Goel & Co. as Cost Auditors for the financial year ending March 31, 2027.

Kuantum Papers Limited will hold a board meeting on August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026, and to consider raising funds through the issuance of Unlisted, Unrated, Secured, Non- Convertible Debentures for an aggregate amount not exceeding Rs 100 crores via private placement. The trading window for the company’s securities is closed for designated persons from July 1, 2026, and will remain so until 48 hours after the financial results are declared.

Kuantum Papers Ltd recently announced credit rating actions and affirmations from multiple agencies, including India Ratings and Research (Ind-Ra), Crisil, and India Ratings & Research Private Limited. Ind-Ra affirmed its ratings on Bank loan facilities amounting to Rs 11,413.4, Fixed deposit of Rs 330, and another Fixed deposit of Rs 70, all carrying IND A-/Stable/IND A2+ except for the latter which was newly assigned. Additionally, Ind-Ra expressed a credible belief and noted that Long Term Bank Loans carry an IND AAA rating, while Bonds are rated BBB+ with a Stable outlook, and Long Term Bank Loan is also rated IND AAA with a Stable rating outlook. Crisil affirmed the rating on Commercial Paper at Rs 100 crore with an A1+ rating, cautioning a possible downgrade if profitability declines significantly, while India Ratings & Research Private Limited reaffirmed a BBB+ rating (Stable) on Bank Loan Facility of Rs 500 Crore and IND-BB (Stable) on Non-Convertible Debentures of Rs 200 Crore. Several other instruments, including numerous Term loans, Fund-based and Non-fund-based working capital limits, and additional Term loans, were affirmed with IND A-/Stable and IND A2+ ratings, facilitated by various lenders including RBI, HDFC Bank Limited, Canara Bank, Indian Bank, RBL Bank, State Bank of India, Yes Bank Ltd, Bajaj Finance, OXY ZO Financial Services Private Limited, Shinhan Bank, and Vivriti Capital Limited.