Kay Power and Paper MD, chairman, board of directors and AGM
BSE: 530255Paper, Forest & Jute ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹9.99.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹35 Cr3,694th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 30.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 1.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 1.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 4,241
Kay Power and Paper board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Company Secretary and Compliance OfficerSAGAR MOHITE
5 directors3 independent2 non-executive
- DEEPA AGARWALNon-executive · joined Sep 2000 · reappointed Sep 2000 · 1 listed board · 1 committee seat, 1 as chair
- AARUSHI CHANDRANon-executive · joined May 2026 · 1 listed board
- ARVIND VINAYAK KULKARNIIndependent · joined Sep 2012 · reappointed May 2023 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ANILKUMAR GOVIND BIDKARIndependent · joined Aug 2024 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SATISH LAXMAN PHARANDEIndependent · joined Aug 2024 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- NIRAJ CHANDRA, left 1 Jun 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20265 of 5 present3 independent · 102 days in between
- 14 Feb 20265 of 5 present3 independent
Audit Committee
Chair ANILKUMAR GOVIND BIDKAR
ARVIND VINAYAK KULKARNI, SATISH LAXMAN PHARANDE
- 28 May 20263 of 3 present1 independent · 102 days in between
- 14 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair ANILKUMAR GOVIND BIDKAR
DEEPA AGARWAL, SATISH LAXMAN PHARANDE
- 14 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair DEEPA AGARWAL
ARVIND VINAYAK KULKARNI
- 14 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- ANKUSH SHINDE AND COMPANYPeer-review certificate valid to Dec 2028
1 earlier auditor
- R Y KULKARNI & ASSOCIATESNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kay Power and Paper AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kay Power and Paper share news and announcements
Annual general meeting, 21 Sep 2026
7,818 shareholders on the register on 14 Sep 2026; present: 10 promoters and 26 others; votes counted by Neha Doshi / Neha Doshi & Co..The company's voting result (opens in a new tab)
- To consider and adopt the Standalone Audited financial statements of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
- To consider and adopt the Consolidated Audited financial statements of the Company for the financial year ended March 31, 2026, the report of the Auditors thereon.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
To appoint M/s. Ankush Shinde & Company, Chartered Accountants, Satara, as the Statutory Auditors of the Company for a term of five consecutive years and to authorize the Board of Directors and/or the Audit Committee to fix their remuneration.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
- Appointment of Mrs. Deepa Agarwal as Managing Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
- Appointment of Ms. Aarushi Chandra (DIN: 07274662) as a Director (Non-Executive Non-Independent) of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
- Approval under section 180 (1)(a) of the Companies Act, 2013 to transfer of the Companys immovable property/ies (land) to wholly owned subsidiary of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 51.23% · promoters 100.00% · institutions 0.00% · other public 0.47%
- Approval for Material Related Party Transactions pertaining to Subsidiary of the CompanyOrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 0.23% · promoters 0.00% · institutions 0.00% · other public 0.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesOct 2025 | – | Working capital requirement and Purchase of raw material Repayment of unsecured/Secured Loan and acquire land for developing a private integrated Industrial Park under the aerospace and defense manufacturing policy 2018 with the help of Maharashtra Industrial Development Corporation for the manufacturing units for setting up units to produce components for defense, aerospace, and atomic energy with the approval of respective Govt. Authorities To purchase balancing machinery/expansion of paper plant For General corporate Purpose | – | – | No |
| Preferential IssuesOct 2025 | – | Working capital requirement and Purchase of raw material Repayment of unsecured/Secured Loan and acquire land for developing a private integrated Industrial Park under the aerospace and defense manufacturing policy 2018 with the help of Maharashtra Industrial Development Corporation for the manufacturing units for setting up units to produce components for defense, aerospace, and atomic energy with the approval of respective Govt. Authorities To purchase balancing machinery/expansion of paper plant For General corporate Purpose | – | – | No |