West Coast Paper Mills announces Rs 3 dividend per share for FY26

Business Desk — Wed, 27 May 2026 12:03:55 +0000

West Coast Paper Mills has declared a dividend of ₹3 per equity share for the financial year ending 31st March 2026, subject to shareholder approval at the upcoming Annual General Meeting. This announcement was made following the Board of Directors’ meeting held on 27th May 2026.

The company’s audited financial results for the quarter and year ending 31st March 2026 were also approved during the meeting. These results, both standalone and consolidated, will be published in the prescribed format in newspapers and are available on the company’s official website.

In addition to the financial results and dividend declaration, the Board of Directors has made several key reappointments. Shri Prakash Kacholia has been reappointed as a Non-Executive Independent Director for a second term of three years, effective from 9th November 2026. Similarly, Shri Rajendra Jain will continue as Executive Director for an additional two years starting from 31st July 2026, and Shri Virendraa Bangur has been reappointed as Joint Managing Director for another three years beginning 26th June 2026. These reappointments are subject to shareholder approval.

The company’s statutory auditors, M/s Singhi & Co., issued an audit report with an unmodified opinion on the financial results, confirming the accuracy and compliance of the results with applicable accounting standards and regulations.

The Board meeting, conducted via video conference from Dandeli, commenced at 12:00 PM and concluded at 2:50 PM.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Prakash Kacholia | Business Upturn

West Coast Paper Mills announces Rs 3 dividend per share for FY26