Outcome of board meeting of JK Paper

Held on 06 May 2016

JK Paper announced that the Board of Directors of the Company at its meeting held on 06 May 2016, has recommended payment of Dividend of Re. 0.50 per equity share for the Financial Year ended 31 March 2016. The said dividend, if declared by the Members at the ensuing Annual General Meeting, will be credited/ despatched within 3 weeks of the said meeting.

The Board has also approved in principle, subject to approval of the shareholders and necessary regulatory and other approvals, the proposed issue of Foreign Currency Convertible Bonds (FCCBs) and/or any other similar securities upto US$ 25 million.

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