Ganga Papers India Ltd (531813)

Ganga Papers India Limited has submitted its Annual Report for FY2025-26 along with the notice for its 42nd Annual General Meeting (AGM) scheduled for September 28, 2026. Key agenda items include the adoption of FY26 financial statements, the reappointment of retiring director Mrs. Sadhana Kanoria, and approval for the continuation of Mr. Ramesh Kumar Chaudhary as Non-Executive Director upon reaching 75 years of age. Additionally, the company seeks shareholder approval to revise limits for Related Party Transactions and ratify Rs 20,000 remuneration for its Cost Auditor. The cut-off date for e-voting eligibility has been set as September 21, 2026.

• 42nd AGM scheduled for Monday, September 28, 2026 at 09:00 AM at the Pune registered office
• Cut-off date for remote e-voting set as September 21, 2026, with voting active from September 25 to September 27, 2026
• Special resolution proposed to approve continuation of directorship of Mr. Ramesh Kumar Chaudhary upon attaining age 75
• Resolution proposed to review and revise limits for Related Party Transactions
• Ratification of Cost Auditor remuneration set at Rs 20,000 per annum

Ganga Papers India Ltd has appointed M/s K.N. Chaubey & Associates as its Cost Auditor for the financial year 2026-27 at its Board meeting held on August 31, 2026. The appointment is in compliance with Section 148 of the Companies Act, 2013, to conduct the statutory cost audit. This represents a standard annual regulatory compliance update with no operational or financial impact on the company.

• Board approved the appointment of M/s K.N. Chaubey & Associates as Cost Auditor on August 31, 2026
• Appointment covers the financial year ending March 31, 2027 (FY 2026-27)
• Auditor's formal consent letter was executed on August 20, 2026 confirming eligibility under Section 141 and 148

Ganga Papers India Ltd has announced that Mr. Manish Kumar has resigned from his position as Non-Executive Director and Chairperson effective August 31, 2026, citing pre-occupation. Concurrently, the Board has appointed existing Director Mr. Ramesh Kumar Chaudhary (aged 74, associated with the company since April 3, 2006) as the new Chairperson. Mr. Chaudhary is related to the promoter group, being the father of Promoter/CFO Mr. Amit Chaudhary. This leadership shift represents an internal transition at the board level without immediate operational changes to the Rs 108 Cr market cap paper manufacturer.

• Resignation of Non-Executive Director & Chairperson Manish Kumar effective August 31, 2026
• Appointment of Ramesh Kumar Chaudhary (DIN: 00080136) as Chairperson effective August 31, 2026
• New Chairperson Ramesh Kumar Chaudhary (aged 74) has been associated with the company since April 3, 2006
• Mr. Ramesh Kumar Chaudhary is part of the promoter group (father of Promoter Mr. Amit Chaudhary)

Ganga Papers India Ltd has announced the resignation of Mr. Manish Kumar from the position of Chairman and Non-Executive Director effective August 31, 2026, citing pre-occupation. The Board has approved the appointment of Mr. Ramesh Kumar Chaudhary (aged 74), who has been associated with the company since April 3, 2006, as the new Chairperson with effect from August 31, 2026. Mr. Chaudhary is classified as a Non-Executive, Non-Independent Director related to the Promoter group (father of CFO Amit Chaudhary). The transition represents an internal realignment of board leadership to the promoter family.

• Resignation of Non-Executive Director and Chairman Mr. Manish Kumar effective August 31, 2026.
• Appointment of Mr. Ramesh Kumar Chaudhary (DIN: 00080136), aged 74, as new Chairperson effective August 31, 2026.
• Mr. Ramesh Kumar Chaudhary has been associated with Ganga Papers India since April 3, 2006.
• Incoming Chairperson is related to the promoter group, being the father of CFO Mr. Amit Chaudhary.

Ganga Papers India Ltd announced that Mr. Manish Kumar has resigned as Chairperson and Non-Executive Non-Independent Director effective August 31, 2026, citing pre-occupation. In his place, the Board approved the appointment of Mr. Ramesh Kumar Chaudhary (aged 74), an existing Non-Executive Director associated with the company since April 3, 2006, as the new Chairperson. Mr. Chaudhary is related to the promoter group and is the father of CFO Amit Chaudhary.

• Resignation of Manish Kumar (DIN: 10379153) as Non-Executive Director and Chairperson effective August 31, 2026
• Appointment of Ramesh Kumar Chaudhary (DIN: 00080136) as Chairperson effective August 31, 2026
• Ramesh Kumar Chaudhary has been associated with the company since April 3, 2006
• Incoming Chairperson is 74 years old and related to the promoter group

Ganga Papers India Ltd has announced the resignation of Mr. Manish Kumar from the position of Chairperson and Non-Executive Director with effect from August 31, 2026, citing pre-occupation. Concurrently, the Board approved the appointment of Mr. Ramesh Kumar Chaudhary (74 years old), an existing Non-Executive Director related to the promoter group who has been with the company since April 3, 2006, as the new Chairperson. The transition hands board leadership to a long-standing insider in the ₹108 Cr market cap company, which generated ₹304 Cr in TTM revenue.

• Resignation of Mr. Manish Kumar as Chairperson and Non-Executive Director effective August 31, 2026
• Appointment of Mr. Ramesh Kumar Chaudhary as Chairperson effective August 31, 2026
• New Chairperson Mr. Ramesh Kumar Chaudhary (aged 74) has been associated with the company since April 3, 2006
• Promoter group currently holds 74.99% equity in the ₹108 Cr market cap company

Ganga Papers India Ltd announced leadership changes following its Board meeting on August 31, 2026. Mr. Manish Kumar resigned as Director and Chairperson due to preoccupation, and Mr. Ramesh Kumar Chaudhary was appointed as the new Chairperson. In addition, Company Secretary CS Dinesh Chandra Pandey resigned to pursue external opportunities. The company has scheduled its 42nd Annual General Meeting for September 28, 2026, with remote e-voting scheduled between September 25 and September 27, 2026.

• Mr. Manish Kumar resigned as Non-Executive Chairperson and Director with effect from August 31, 2026.
• Mr. Ramesh Kumar Chaudhary (age 74, promoter-related) appointed as Chairperson effective August 31, 2026.
• CS Dinesh Chandra Pandey stepped down as Company Secretary & Compliance Officer on August 31, 2026.
• 42nd AGM convened for September 28, 2026, with e-voting cut-off set for September 21, 2026.
• Reappointed M/s K.N. Chaubey & Associates as Cost Auditor for FY 2026-27 at a fee of ₹20,000 plus taxes.

Ganga Papers India Ltd has announced the appointment of CS Dinesh Chandra Pandey as Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 18, 2026. The appointment follows the resignation of the previous Company Secretary and Compliance Officer. Dinesh Chandra Pandey is a Fellow Company Secretary (Membership No. F3333) and a Chartered Accountant with experience spanning secretarial compliance, taxation, and corporate finance. This is a routine statutory and compliance update with no operational or financial impact on the Rs 106 Cr market-cap firm.

• Appointment of CS Dinesh Chandra Pandey took effect on 18th August, 2026.
• Appointee holds ICSI Fellow Membership No. F3333 alongside Chartered Accountant qualifications.
• The appointment addresses a KMP vacancy pursuant to SEBI circular dated 11th November 2024 guidelines.

Ganga Papers India reported a 37.9% YoY increase in revenue to ₹86.01 Cr for Q1 FY27, up from ₹62.36 Cr. Net profit grew 61.3% YoY to ₹0.50 Cr, although it saw a sequential decline of 34.2% from the ₹0.76 Cr reported in Q4 FY26. The quarter was marked by a significant spike in raw material costs, which reached ₹81.93 Cr (95% of revenue), largely offset by a sharp reduction in other expenses to ₹4.38 Cr. With a high debt-to-equity ratio of 1.38 and thin net margins of 0.6%, the company's profitability remains highly sensitive to input cost fluctuations.

• Revenue from operations increased 37.9% YoY to ₹86.01 Cr from ₹62.36 Cr.
• Net Profit grew 61.3% YoY to ₹0.50 Cr, but declined 34.2% on a sequential basis.
• Cost of materials consumed spiked to ₹81.93 Cr, representing 95.2% of quarterly revenue.
• Other expenses saw a significant reduction to ₹4.38 Cr from ₹16.59 Cr in the previous quarter.
• Earnings Per Share (EPS) for the quarter stood at ₹0.46, up from ₹0.29 YoY but down from ₹0.71 QoQ.

Ganga Papers India Ltd reported a strong 37.9% YoY increase in revenue to ₹86.01 Cr for the quarter ended June 30, 2026. However, net profit declined 34.2% sequentially to ₹0.50 Cr from ₹0.76 Cr in the previous quarter, primarily due to a sharp rise in raw material costs. While YoY performance improved, operating margins remain thin at approximately 2.1%, and the company continues to carry a high debt-to-equity ratio of 1.38.

• Revenue from operations grew 37.9% YoY to ₹86.01 Cr compared to ₹62.36 Cr in Q1 FY26.
• Net profit increased 61.3% YoY to ₹0.50 Cr, though it fell 34.2% from the ₹0.76 Cr reported in Q4 FY26.
• Cost of materials consumed surged to ₹81.93 Cr, accounting for 95.2% of the quarterly revenue.
• Finance costs for the quarter stood at ₹0.58 Cr, impacting the thin bottom line.
• Earnings Per Share (EPS) for the quarter was ₹0.46, up from ₹0.29 YoY but down from ₹0.77 QoQ.

Ganga Papers India Ltd has scheduled a board meeting for August 08, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company enters this quarter following a TTM revenue of Rs 280 Cr and a thin net profit of Rs 2 Cr. The trading window for designated persons has been closed since July 01, 2026, and will remain so until 48 hours after the results are declared. Investors will be monitoring if the company can improve its low operating profit margin of 2.7%.

• Board meeting scheduled for August 08, 2026, to approve Q1 FY27 results
• Trading window closed from July 01, 2026, as per SEBI regulations
• Company reported a TTM revenue of Rs 280 Cr as of the latest available data
• Operating profit margin remains low at 2.7% on a TTM basis
• Promoter holding remains stable at 74.99% as of June 2026