Seshasayee Paper and Boards Limited
Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.
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SESHASAYEE PAPER (SPB) announced strong Q1 standalone results, with revenue rising to ₹492 Cr and net profit nearly doubling to ₹33.59 Cr YoY. The company is advancing the revival of its acquired Servalakshmi Paper assets, with most legal challenges resolved, paving the way for recommencement of operations.
Seshasayee Paper has scheduled its 66th Annual General Meeting (AGM) for June 20, 2026, via Video Conference. The Annual Report for FY 2025-26, including financials, is now available electronically. Investors should update contact details for AGM access and e-voting.
SPBLTD reported Q3 financials facing headwinds from US tariffs, global supply chain disruptions, and GST reforms impacting export volumes and domestic realisations. To counter, the company progresses a Rs 270 Cr capacity expansion (MDP-IV) and invested Rs 26 Cr in renewable energy, operational by Q1 FY27. Domestic demand and prices...
Seshasayee Paper’s profits declined due to lower realizations, US tariffs impacting exports, and higher wood costs. MDP-IV project cost reduced to 270 Cr for capacity expansion. The company invested 26 Cr in a solar/wind power SPV. Q3 outlook challenging, but softening wood prices offer margin relief.
Seshasayee Paper and Boards (SPBL) has received environmental clearance for its Mill Development Plan - IV (Phase-I) at the Erode facility. This is a crucial approval, enabling SPBL to proceed with its plans to significantly expand Pulp and Paper manufacturing capacities by 20%. This strategic development is poised to boost...