Kuantum Papers Limited as recommended by the Board of Directors in their meeting held on April 29, 2023, the members of the Company have considered and approved the Dividend by passing Ordinary Resolution @ INR 1 per share on the Redeemable noncumulative Preference Shares of INR 10 each and @ INR 3 per share on the equity shares of INR 1 each for the Financial Year ended on March 31, 2023 at 26th Annual General Meeting of the Company held on July 7, 2023.