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kauntam papers ltd (532937) Snapshot

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kauntam papers ltd (532937) Details

Kuantum Papers Limited produces and markets wood free writing and printing paper primarily in India. Its paper products comprise maplitho, coloured paper, ledger, cartridge, parchment, duplicating paper, and wood free specialty papers. The company offers products for use in the printing of books, trade directories, newsprint, diaries, calendars, and computer stationery, as well as for use in manufacturing of note books and other stationery items. It also exports its products. The company was formerly known as ABC Paper Limited and changed its name to Kuantum Papers Limited in March 2012. Kuantum Papers Limited was incorporated in 1997 and is based in Chandigarh, India.

Founded in 1997

kauntam papers ltd (532937) Top Compensated Officers

Chairman, Managing Director, Member of Audit ...
Total Annual Compensation: 5.0M
Managing Director, Executive Director and Mem...
Total Annual Compensation: 4.2M
Compensation as of Fiscal Year 2014.

kauntam papers ltd (532937) Key Developments

Kuantum Papers Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Kuantum Papers Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company announced net sales, net of excise duty of INR 1,364.169 million compared to INR 1,362.424 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 199.442 million compared to INR 189.605 million a year ago. Profit from ordinary activities before tax was INR 152.922 million compared to INR 145.536 million a year ago. Net profit from ordinary activities after tax was INR 102.128 million or INR 10.69 per basic and diluted share compared to INR 193.912 million or INR 21.23 per basic and diluted share a year ago. For the full year, the company announced net sales, net of excise duty of INR 4,977.400 million compared to INR 4,768.125 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 504.937 million compared to INR 577.198 million a year ago. Profit from ordinary activities before tax was INR 316.928 million compared to INR 373.169 million a year ago. Net profit from ordinary activities after tax was INR 250.379 million or INR 24.57 per basic and diluted share for before and after extraordinary items compared to INR 335.465 million or INR 36.24 per basic and diluted share for before and after extraordinary items a year ago.

Kuantum Papers Limited Recommends Dividend on the Redeemable Noncumulative Preference Shares

Kuantum Papers Limited's board has recommended a dividend a dividend of INR 1.00 per share (10%) on the Redeemable noncumulative Preference Shares of INR 10 each and INR 1.00 per share(10%) on the equity shares for the year ended March 31, 2015, to the shareholders, for declaration at the ensuing Annual General Meeting.

Kuantum Papers Limited, Board Meeting, May 26, 2015

Kuantum Papers Limited, Board Meeting, May 26, 2015. Agenda: To consider audited results; to consider the board has recommended a dividend at INR 1.00 per share (10%) on the redeemable noncumulative preference shares of INR 10 each and at INR 1.00 per share (10%) on the equity shares for the year ended March 31, 2015, to the shareholders, for declaration at the ensuing AGM; to consider the re-appointment of Sh. Jagesh K. Khaitan as Chairman with effect from July 17, 2015 and his remuneration has been recommended by the board to the shareholders to be passed by way of special resolution as per the provisions of Section 196, 197, 198 and 203 of the Companies Act, 2013 read with Schedule V as recommended by the nomination and remuneration committee; to consider the board has approved the nomination, remuneration and evaluation policy as recommended by the nomination and remuneration committee; to consider the appointment of cost auditor; and to transact other matters.

 

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