Pudumjee Paper Products logo

Pudumjee Paper Products MD, chairman, board of directors and AGM

NSE: PDMJEPAPERBSE: 539785Paper, Forest & Jute ProductsSmall Cap

Last close ₹84.31down ₹5.67 (6.30%)BSE ₹84.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹89.98.

52-week range of traded prices to 23 Oct 2026
₹65.00Low, 30 Mar 2026₹122.50High, 23 Oct 2025
Market cap
₹801 Cr1,617th largest listed
P/E
8.8
P/B
1.2
Dividend yield
0.71%
ROE
14.5%
ROCE
15.7%
Debt to equity
0.03
Volume, NSE
2,61,85041.9% delivered

Pudumjee Paper Products board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonArunkumar Mahabir Prasad JatiaRelated to the promoter
  • Company Secretary and Compliance OfficerShrihari Waychal

8 directors4 independent2 executive2 non-executive

  • Arunkumar Mahabir Prasad Jatia · ChairpersonExecutive · joined Jan 2015 · 3 listed boards · 5 committee seats, 1 as chair
  • Ved Prakash LeekhaNon-executive · joined Jul 2019 · 1 listed board · 2 committee seats, 1 as chair
  • Surendra Kumar BansalNon-executive · joined Jan 2015 · 3 listed boards · 2 committee seats
  • Ashok KumarExecutive · joined May 2016 · reappointed May 2016 · 2 listed boards
  • Sanjay Kumar SinghIndependent · joined Jan 2024 · reappointed Jan 2024 · 32 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Dilip Jayantilal ThakkarIndependent · joined Oct 2024 · reappointed Oct 2024 · 23 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
  • Shailaja NairIndependent · joined Nov 2025 · reappointed Nov 2025 · 10 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Anil Shankarlal MittalIndependent · joined May 2026 · reappointed May 2026 · 4 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.

4 directors who left
  • Basant Kumar Khaitan, left 27 May 2026: Tenure Completion
  • Madhu Dubhashi, left 13 Nov 2025: Tenure Completion
  • Vinod Kumar Beswal, left 20 Oct 2025: Tenure Completion
  • Nandan Damani, left 20 Oct 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 11 Aug 20268 of 8 present4 independent · 80 days in between
    • 22 May 20269 of 9 present5 independent

  • Audit Committee

    Chair Dilip Jayantilal Thakkar

    Arunkumar Mahabir Prasad Jatia, Ved Prakash Leekha, Sanjay Kumar Singh, Shailaja Nair, Anil Shankarlal Mittal

    • 11 Aug 20266 of 6 present4 independent · 80 days in between
    • 22 May 20266 of 6 present4 independent

  • Nomination and remuneration committee

    Ved Prakash Leekha, Dilip Jayantilal Thakkar, Sanjay Kumar Singh

    • 22 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Ved Prakash Leekha

    Arunkumar Mahabir Prasad Jatia, Surendra Kumar Bansal, Dilip Jayantilal Thakkar, Sanjay Kumar Singh

    • 11 Aug 20265 of 5 present2 independent · 80 days in between
    • 22 May 20266 of 6 present3 independent

  • Corporate Social Responsibility Committee

    Chair Ved Prakash Leekha

    Surendra Kumar Bansal, Dilip Jayantilal Thakkar, Sanjay Kumar Singh

    • 22 May 20265 of 5 present3 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.

  • J M AGRAWAL & COPeer-review certificate valid to Oct 2028

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.

Pudumjee Paper Products 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.Pudumjee Paper Products dividend history

Annual general meeting, 2 Sep 2026

49,816 shareholders on the register on 24 Aug 2026; present: 10 promoters and 42 others; votes counted by SAVITA JYOTI / SAVITA JYOTI ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2026 comprising the Audited Balance Sheet as at 31st March 2026 and the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.26%

    Turnout: all 72.40% · promoters 100.00% · institutions 88.22% · other public 0.09%

  2. To appoint a Director in place of Dr. Ashok Kumar (DIN: 07111155), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 21.03% · other public 17.34%

    Turnout: all 72.40% · promoters 100.00% · institutions 88.22% · other public 0.09%

  3. To declare a dividend on equity shares of the Company for the year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.26%

    Turnout: all 72.40% · promoters 100.00% · institutions 88.22% · other public 0.09%

  4. Consent for acceptance of fixed deposits from Public.
    Special
    98.86% for1.14% against

    Against: promoters 0.00% · institutions 99.94% · other public 9.27%

    Turnout: all 72.40% · promoters 100.00% · institutions 88.22% · other public 0.09%

  5. Approval to the remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.27%

    Turnout: all 72.40% · promoters 100.00% · institutions 88.22% · other public 0.09%

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.

Postal ballot, 11 Jul 2026, 2 resolutions

49,711 shareholders on the register on 5 Jun 2026; votes counted by SAVITA JYOTI / SAVITA JYOTI ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Anil Shankarlal Mittal as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.19%

    Turnout: all 72.43% · promoters 100.00% · institutions 89.13% · other public 0.21%

  2. To consider and approve alteration of Clause 3(b) of the Memorandum of Association of the Company relating to matters necessary for the furtherance of the Main Objects.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.50%

    Turnout: all 72.43% · promoters 100.00% · institutions 89.13% · other public 0.21%

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.

Postal ballot, 4 Mar 2026, 2 resolutions

50,699 shareholders on the register on 23 Jan 2026; votes counted by SAVITA JYOTI / SAVITA JYOTI ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval to the Remuneration of Whole Time Director, Mr. Arunkumar Mahabirprasad Jatia (DIN: 01104256).
    SpecialPromoters have an interest in it
    98.75% for1.25% against

    Against: promoters 0.00% · institutions 96.77% · other public 9.48%

    Turnout: all 67.79% · promoters 93.46% · institutions 84.31% · other public 0.17%

  2. Approval to the Re-appointment of Dr. Ashok Kumar (DIN: 07111155) as an Executive Director of the Company and Payment of Remuneration and Other Benefits.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.26%

    Turnout: all 72.47% · promoters 100.00% · institutions 84.31% · other public 0.17%

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.

Postal ballot, 17 Dec 2025, 1 resolution

52,276 shareholders on the register on 7 Nov 2025; votes counted by SAVITA JYOTI / SAVITA JYOTI ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Shailaja Nair (DIN: 11343122) as “Non-Executive Independent Director” of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.31%

    Turnout: all 72.67% · promoters 100.00% · institutions 89.06% · other public 0.82%

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.

Annual general meeting, 30 Aug 2025, 6 resolutions

53,748 shareholders on the register on 21 Aug 2025; present: 10 promoters and 47 others; votes counted by SAVITA JYOTI / SAVITA JYOTI ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2025 comprising the Audited Balance Sheet as at 31st March 2025 and the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors’ thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.52% · promoters 100.00% · institutions 86.33% · other public 0.27%

  2. To appoint a Director in place of Mr. Arunkumar Mahabirprasad Jatia (DIN: 01104256), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 3.13% · other public 0.07%

    Turnout: all 72.52% · promoters 100.00% · institutions 86.33% · other public 0.27%

  3. To declare a dividend on equity shares of the Company for the year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.53% · promoters 100.00% · institutions 86.33% · other public 0.27%

  4. Consent for acceptance of fixed deposits from Public.
    Special
    98.77% for1.23% against

    Against: promoters 0.00% · institutions 99.01% · other public 0.42%

    Turnout: all 72.52% · promoters 100.00% · institutions 86.33% · other public 0.27%

  5. Approval to the remuneration of Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.52% · promoters 100.00% · institutions 86.33% · other public 0.27%

  6. Appointment of Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.52% · promoters 100.00% · institutions 86.33% · other public 0.27%

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.

Postal ballot, 11 Dec 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Dilip Jayantilal Thakkar (DIN: 00007339) as “Non-Executive Independent Director” of the Company.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 2.15% · other public 5.66%

    Turnout: all 72.90% · promoters 100.00% · institutions 68.96% · other public 0.27%

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.

Annual general meeting, 6 Sep 2024, 8 resolutions

Present: 11 promoters and 44 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2024 comprising the Audited Balance Sheet as at 31st March 2024 and the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors’ thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.38%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.25%

  2. To appoint a Director in place of Mr. Surendra Kumar Bansal (DIN: 00031115), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 2.23% · other public 5.46%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.25%

  3. To declare a dividend on equity shares of the Company for the year 2023-24.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.40%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.25%

  4. Revision in the Remuneration of Whole Time Director, Mr. Arunkumar Mahabirprasad Jatia.
    SpecialPromoters have an interest in it
    97.85% for2.15% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.45%

    Turnout: all 68.41% · promoters 93.79% · institutions 82.38% · other public 0.25%

  5. Revision in the Remuneration of Executive Director, Dr. Ashok Kumar.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.45%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.25%

  6. Consent for acceptance of fixed deposits from Public.
    Special
    97.98% for2.02% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.77%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.25%

  7. Approval to the remuneration of Cost Auditors.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.67%

    Turnout: all 72.84% · promoters 100.00% · institutions 82.38% · other public 0.24%

  8. Revision in the Remuneration of Ms. Vrinda Jatia, Vice President (Market Research & Development) of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.45%

    Turnout: all 68.41% · promoters 93.79% · institutions 82.38% · other public 0.25%

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.

Postal ballot, 13 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sanjay Kumar Singh as Non-Executive Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.68%

    Turnout: all 71.96% · promoters 100.00% · institutions 98.83% · other public 0.93%

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeOFFICE OF THE DEPUTY COMMISSIONER OF STATE TAX, PUNESince 6 Dec 2023
    THE COMPANY HAS FILED AN APPEAL ON DT.11-02-2026 AND RECEIVED NOTICE OF PERSONAL HEARING FROM THE JOINT COMMISSIONER OF STATE TAX JURISDICTION:PUNE CANTT_503:PUNE_NORTH_WEST:PUNE_SOUTH_WEST:MAHARASHTRA . LAST HEARING WITH JOINT COMMISSIONER WAS HELD ON 16/10/2026MoreLess
    At the filing before: Received Show cause Notice under Section 73 (1) of the MGST Act, 2017 & RULE 142 of the MGST RULES,2017. Dated.16-04-2025. Has raised tax demand of RS.3,53,64,163/- Along with applicable Interest and Penalty of RS.2,86,49,816/- for Excess ITC claimed in GSTR 3B/9 which is not confirmed in GSTR 2A or 8A of GSTR 9.On responce given by the company the order is issued by gov under Section 73 of goods and Services tax Act,2017 dated 28-11-2025. Has raised tax demand of Rs.8,24,665/- Interest Rs.6,91,022/- & Penalty of Rs.82,467/- for the F.Y.2021-22.MoreLess
  • Tax disputeOFFICE OF THE DEPUTY COMMISSIONER OF STATE TAX, PUNESince 3 Jan 2023
    THE COMPANY HAS RESPONDED TO THE NOTICE ON 23/01/2023
    At the filing before: Received ASMT-10 Notice for intimating discrepancies in the return after scrutiny U/S 61(1) & RULE 99(1) OF GST ACT/RULES,2017. Has tax demand of Rs.5,60,05,354.21 for ITC missmatch in GSTR-3 & GSTR-2B for the period APRIL 2022 TO SEPTEMBER 2022.MoreLess
  • Tax disputeOFFICE OF THE DEPUTY COMMISSIONER OF STATE TAX, PUNESince 30 Mar 2026
    THE COMPANY HAS RESPONDED TO THE NOTICE ON 27/04/2026
    At the filing before: Received ASMT-10 Notice for intimating discrepancies in the return after scrutiny U/S 61(1) & RULE 99(1) OF GST ACT/RULES,2017. Has tax demand under section 73 of Rs.18,27,401.45 Excess ITC availed in GSTR-3B / GSTR-9 which is not confirmed in GSTR-2B/GSTR-2A (common) and tax demanded under section 74 of Rs.11,333.14 In-eligible ITC claimed from GST Registration cancelled Taxpayers for the period APRIL 2023 TO March 2024.MoreLess
  • Tax disputeOFFICE OF THE DEPUTY COMMISSIONER OF STATE TAX, PUNESince 3 Jul 2026
    THE COMPANY HAS RESPONDED TO THE NOTICE ON 24/07/2026
    At the filing before: Received ASMT-10 Notice for intimating discrepancies in the return after scrutiny U/S 61(1) & RULE 99(1) OF GST ACT/RULES,2017. Has tax demand of Rs.8,06,958.34 for RCM ON WHICH TAX IS TO BE PAID BY RECIPIENT BUT SELECTING TAX VALUE AND TAX RATE IS NIL for the period APRIL 2023 TO MARCH 2024.MoreLess
  • Tax disputeIncome Tax DepartmentSince 30 Jan 2020
    Pending before CIT(A)
    At the filing before: Appeal filed against - (i) disallowance u/s 14 A of Rs. 16,10,313/- in respect of Dividend, and (ii) interest wrongly charged of Rs. 7,34,524/- u.s. 115P though DDT paid in time
  • Tax disputeIncome Tax DepartmentSince 24 Apr 2021
    Pending before CIT(A)
    At the filing before: Appeal filed against - (i) adoption of income unrectified by CPC for computing total income under the order Rs. 38,958/-, (ii) disallowance u/s 14 A of Rs. 14,97,922/- in respect of Dividend, (iii) Disallowance of interest of Rs. 1,57,89,806/- in respect of borrowingsMoreLess
  • Tax disputeIncome Tax DepartmentSince 25 Nov 2025
    Pending before CIT(A)
    At the filing before: Appeal filed against – Order under section 154 regarding claim of MAT credit during the year
  • Tax disputeIncome Tax DepartmentSince 24 Jun 2026
    Return filed and Proceedings under stay by Bombay High Court
    At the filing before: Reassessment Proceedings u/s 147 initiated due to Provision for Disputed Liabilities concerning Electricity matters under litigation amounting to Rs. 24,49,58,834/-

In the company's own words, from its latest governance filing.

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

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.