ANDHRA PAPER LIMITED
Andhra Paper is engaged in the Business of Manufacture and sale of paper, pulp and paper & paper board.
What ANDHRA files
- Others56
- Updates26
- Important15
- Board Meeting11
- Dividend/Bonus5
- Credit Ratings2
Andhra Paper's Kadiam Unit manufacturing operations are now fully restored to 100% capacity. Its third paper machine (15 MT per day) has resumed, bringing the unit back to normal production from a previous 93% operational level.
Andhra Paper plans a 12-day annual maintenance shutdown at its Rajahmundry plant for routine equipment overhaul. Costs are budgeted, and sufficient stock ensures supply. This aims for reliable, efficient operations.
Andhra Paper's Kadiam Unit significantly ramped up operations, with a second paper machine (55 MT/day) now active. Production capacity jumped from approximately 70% to about 93% of normal after earlier disruptions. Efforts continue to restore full operations.
Andhra Paper's Board proposes a ₹0.50/share final dividend (25% for FY26). The 62nd AGM is scheduled to approve this. Shareholders should note tax-at-source implications, including PAN-Aadhaar linking requirements, for their dividend payout.
Andhra Paper upgraded its old Rotary Lime Kiln for enhanced air pollution control and thermal energy efficiency. Specific water consumption improved from 48m³ to 43m³ per tonne. The company faces a 6-7% price increase in domestic wood, impacting supply chain costs.