Annual Report for the F.Y. 2025-26 and Notice of 29th Annual General Meeting

31.07.2026 BSE Limited N a t i o n a l S tock Exchange of India Limited Phiroze Jeejeebhoy Towers E x c h a n g e Plaza Dalal Street P lo t N o . C /1, G Block, Mumbai 400 001 B a n d r a - K urla Complex, Bandra (East) Scrip Code: 532937 Mumbai 400 051 Scrip ID: KUANTUM T r a d i ng Symbol: KUANTUM Sub: Annual Report for the F.Y. 2025-26 and Notice of 29th Annual General Meeting Dear Sir, Pursuant to Regulations 30 and 34(1) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, please find enclosed herewith: a. Annual Report for the financial year 2025-26. b. Notice of 29th Annual General Meeting of the Company scheduled to be held on Thursday, the 27th day of August, 2026 at 11.30 a.m., through Video-Conferencing (“VC”) or Other Audio Visual Means (“OAVM”). Kindly take the same on records. Thanking you, Yours faithfully, For Kuantum Papers Limited Gurinder Singh Makkar Company Secretary and Compliance Officer M.No.: F5124 A CHAPTER OF PROGRESS A STORY OF GROWTH 29th Annual Report 2025-26 Table of Contents CORPORATE OVERVIEW About Us 01 Milestones 03 A Year in Review 05 The Indian Paper Industry 07 Footprints of Growth 10 Message from the Chairman 11 Message from the Vice Chairman & MD 13 Financial Highlights 16 Core Competencies 17 Our Partners in Growth 19 Product Portfolio 21 Value Creation Model 23 Sustainable Operations 25 Strategic Technology Upgrades 29 Kuantum for Earth 33 Corporate Social Responsibility 37 Human Resources 41 Corporate Governance 45 Board of Directors 47 Management Team 48 Forward-Looking Statements Certifications 49 Company Information 50 Some of the information in this report may contain forward-looking statements, which include statements regarding the STATUTORY REPORTS Company’s expected financial Directors’ Report 51 position and results of operations, business plans and prospects, etc. Corporate Governance Report 74 They are generally identified by Business Responsibility & Sustainability Reporting 99 forward-looking words, such as Management Discussion and Analysis 133 “believe”, “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will” or other similar words. FINANCIAL STATEMENTS Forward-looking statements are dependent on assumptions or the Independent Auditors’ Report 144 basis underlying such statements. Balance Sheet 152 We have chosen these assumptions Statement of Profit and Loss 153 or basis in good faith, and we believe Statement of Changes in Equity 154 that they are reasonable in all Cash Flow Statement 155 material respects, However, we caution that the actual results, Notes to the Financial Statements 157 performance or achievements could differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of Website: Scan the QR Code new information, future events, or kuantumpapers.com to view the report online otherwise. Writing Stories of Sustainable Growth & Progress Every year adds a new chapter to Kuantum Papers’ journey, which is defined by progress and the constant pursuit to innovate and inspire. Driven by operational discipline and a future-focused mindset, we continued to strengthen our capabilities through strategic investments, smarter systems and sustainability-led initiatives aimed at building a more efficient and future- ready organisation. During the year, the timely modernisation of machinery and technological upgradation across critical manufacturing areas significantly enhanced production capacity, process efficiency and product consistency. Increased automation and advanced monitoring systems under Project Nirmaan, our Industry 4.0-led, AI-based transformation, enabled tighter control over key process parameters, thereby optimising resource utilisation, reducing variability and improving productivity across power plant operations as well as the agro and wood pulp mills. In response to the dynamic industry landscape, we accelerated the development of value-added specialty paper products aimed at expanding contribution and market presence within the sector. Sustainability remains deeply integrated into every stage of our growth journey. Under our Social Farm Forestry Programme, we continue to strengthen fibre availability and expand green cover across surrounding regions through our in-house Clonal Propagation Centre (CPC), which cultivates high-quality clonal eucalyptus, poplar, casuarina, melia and subabul saplings. The upgradation of the Effluent Treatment Plant (ETP) and Water Treatment Plant (WTP) reinforced water conservation efforts and ensured responsible adherence to environmental standards. Simultaneously, process by- products, including wood dust, agro dust and bark, were effectively utilised as boiler fuel, reducing dependence on conventional energy sources and optimising usage of biomass. Through cross-functional workshops and structured capability and skill building programmes, we reinforced our culture of accountability, collaboration and continuous improvement in the workforce. As we move forward, we remain committed to writing stronger stories of purposeful growth by creating newer chapters of innovation and building a future rooted in sustainable value creation. Annual Report 2025-26 ABOUT US Redefining Paper Excellence with Sustainability Kuantum Papers Limited was established in 1980 in Saila Khurd, District Hoshiarpur, Punjab and over the last 45+ years, we have evolved as a trusted paper manufacturer, delivering superior quality products with a strategic focus on operational excellence and environmental stewardship. Our state-of-the-art, fully backward-integrated plant spread plastic free. Backed by a robust network of 120+ dealers across 259 acres enables us to maintain complete control Pan-India and a growing global footprint, our paper caters over the value chain, from raw material sourcing and agro and to the education, printing & publishing, corporate and wood pulping to co-gen power plant and advanced chemical e-commerce sectors. recovery systems. With the integration of Artificial We believe in a people-first culture that celebrates talent and Intelligence (AI) across core operations using advanced promotes inclusion & diversity with a collaborative spirit. platforms such as dataPARC, KPI Dashboards and machine Beyond our business operations, we are deeply committed to learning, we are making our operations data-driven, agile and the socio-economic development of the community through more efficient. CSR initiatives centred on education, healthcare, hygiene and Our papermaking expertise spans across a wide range of rural upliftment. Our social farm forestry programme is high-quality maplitho, copier, creamwove and specialty strengthened by the distribution of high-yielding clonal papers made with a blended furnish of agro and wood pulp. saplings, produced in our in-house clonal propagation centre. From books, notebooks and annual reports to diaries, Under this initiative, we continue to add green footprints of envelopes, calendars and drawing books, our paper forms the prosperity for the farmers and secure wood raw material foundation of countless ideas and expressions. The specialty requirements for the future. product portfolio includes thermal, bond, azurelaid, colored We continue to advance with a commitment to achieve global and cartridge papers that are designed to meet the ever benchmarks in paper making, with a focus on cost efficiency, evolving industry applications. Through dedicated research quality and sustainability in every aspect of our operations. and development, we have created a range of sustainable At Kuantum Papers, we embrace innovation and technology, products such as cupstock, base paper for straws and carry invest in people and care for the planet to create enduring bag paper, paving the way for a future that is single-use value for all our stakehol [Showing first 8,000 characters — download PDF for full document]