ANDHRA PAPER LIMITED — Board Meeting, 05-08-2025: Outcome of Board Meeting

Andhra Paper's board met, approving the financial results for the quarter ended June 30, 2025. Key decisions included the appointment of Mr. Ramesh Kumar Aggarwal and Mr. Deepak Jalan as Independent Directors for three years, pending shareholder approval. The board also approved a significant capital outlay of up to Rs. 178 crore for upgrading Paper Machine-3 at the Rajahmundry facility. This upgrade is expected to boost production by an incremental 60 TPD, enhancing the company's operational capacity and future prospects.