Genus Paper & Boards Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting

The Board of Directors of Genus Paper & Boards Limited has convened a meeting, which led to the approval of the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹209.45 Cr for the quarter, up from ₹142.63 Cr year-over-year, while total income for the same period reached ₹209.61 Cr. Key resolutions included the cancellation of 2 Cr unissued equity shares and the proposal for the allotment of 7% Non-Cumulative Redeemable Preference Shares, both subject to shareholder approval. The Articles of Association will also be amended to allow for the appointment of a Nominee Director, pending shareholder consent.