STATEMENT CONTAINING PARTICULARS PURSUANT TO SECTION 134(3)(m) OF THE COMPANIES ACT 2013 READ WITH RULE 8(3) OF THE COMPANIES (ACCOUNTS) RULES 2014

I. CONSERVATION OF ENERGY

Energy conservation is the effort made to reduce consumption of energy by using less of an energy service. This can be achieved either by using energy more efficiently (using less energy for a constant service) or by reducing the amount of service used (for example by driving less). Energy conservation is a part of the concept of eco-sufficiency. Energy conservation reduces the need for energy services and can result in increased environmental quality national security personal financial security and higher savings. It is at the top of the sustainable energy hierarchy. It also lowers energy costs by preventing future resource depletion.

Energy can be conserved by reducing wastage and losses improving efficiency through technological upgrades and improved operation and maintenance.

In continuation to our earlier efforts during financial year 2018-19 we have taken number of initiatives as detailed below:

- Paper Machine # 3 & 4 Drives replaced with energy efficent world-Class Technology from ABB India.

- Stoppage of few pumps by redefining the process to make use of gravity flow thereby saving energy

- Many pumps have been replaced with right size energy efficient ones.

- Replacement of old and higher energy consuming light with efficient LED lights.

- Installation of auto day / night On-Off and Motion Sensors.

- Efforts have been made to reduce energy losses by reducing number of bends in pipelines.

- Wherever possible to reduce the power consumption VFDs have been installed.

- Energy efficient Screw Presses were installed in ETP

Total energy consumption and energy consumption per unit of production of paper for the year 2018-19 is given in the table below :

II. TECHNOLOGY ABSORPTION

Research & Development and Environment

 Studies conducted on development of various new value added quality speciality papers and some of them Kosmo Parchment (HB & NS) Kosmo Enveloper WS Kosmo Stiffner (WS & YL) Kosmo Maplitho (NS & WS) are sucessfully commercilized.

 Cost reduction by replacing Sodium Per Carbonate in place of Bleach activator and implemented successfully.

 Binary sizing successfully introduced and optimized dosages with observations of improvement in surface properties and better feel of paper

 Elemental Chlorine Free (ECF) bleaching Sequence installed in Agro street for better pulp and paper properties.

 R&D studies conducted for improvement of Raw Material Pulp and Paper properties cost minimization and optimisation/alternate of wet-end additives and chemicals sucessfully.

 New Head box (Dilution Control) installed at Paper Meachine # 3 and Paper Meachine # 4 for better profile controls quality upgradation and machine runnability.

 Silent Drive installed at Paper Machine # 3 & 4 for better controls and runnability.

 New Centricleaner System (with light weight reject) installed at Paper Machne # 3 for better cleanliness of Paper.

 Synchro Sheeter Installed at Finishing House # 12 & 3 for reduction in variations of size and better product quality

 New QCS from ABB installed at Paper Machine # 3 for better controls and reduction in quality variations.

 Three Screw Presses Installed at effluent treatment plant for better management of sludge and being utilized primarily in board manufacturing. The company continues its focus on waste minimization value addition & product recovery from different waste streams like biogas generation from waste stream of wet washing of agro raw material.

Quality Certifications the Company owns

The expenditure on R & D has been as follows:

Technology absorption adaptation and innovation

The Company has not imported any technology for its products.

III. FOREIGN EXCHANGE EARNINGS & OUTGO

As per Ind AS these particulars are not required to be given.