Subam Papers Ltd

Incident details

• Inadvertent fire at Raw Material Godown in Nadukallur, Tirunelveli, Tamil Nadu.
• Incident ongoing; on-site safety personnel coordinating with local fire authorities to extinguish flames.
• Production temporarily suspended as a precaution; measures to safeguard personnel and contain losses.
• Extent of loss/damage to raw material and infrastructure under assessment.
• Insurance coverage confirmed; extent of loss and recovery to be determined.
• No human injury reported.
• Factory location: S.F. Nos. 143-146, Vaduganpatti Village, Nadukallur to Tirunelveli.
• Date of incident: 19 August 2026; filing date: 20 August 2026.

Fundraising details

• Mode of fund raising: Preferential Issue; date and amounts disclosed in filing.
• Monitoring agency: Brickwork Ratings India Private Limited.
• Total funds raised and receipts summarized; under-subscription adjustments noted.
• No deviation or variation in use of funds raised.

Utilisation and approvals

• Audit Committee reviewed the filing; comments: no deviation identified.
• Total proceeds revised due to under-subscription; allocations adjusted.
• Objects allocated per original plan; no material divergence.

Fund-raising details

• Preferential issue of equity shares and warrants; total proceeds Rs 104.37 crore; window 28 Jan–3 Feb 2026.

Deviation status

• Deviation from objects: No; range of deviation: Not Applicable.

Utilisation status

• Proceeds fully utilized as of 31 Mar 2026; 75% to be received at warrant exercise.

Monitoring agency

• MA: Brickwork Ratings; report dated 05 Aug 2026.

Revision of cost & allocations

• Total issue proceeds revised to Rs 104.37 crore from Rs 107.04 crore due to undersubscription.

Object progress & status

• Debt repayment completed; investment in subsidiary ongoing; General Corporate Purposes completed.

Financial results approved

• Approved unaudited standalone and consolidated results for quarter ended June 30, 2026, with Limited Review Reports.
• Results reviewed by Audit Committee; independent auditors issued unmodified reports.

Auditor remarks and scope

• Independent Auditor's Review Report for Q1 2026; no material misstatement observed.
• Three subsidiaries not reviewed; management-certified figures deemed not material to the group.
• Consolidated results subject to limited review; auditor notes unchanged.

Regulatory disclosures and dates

• Board approved the results; filings to BSE under Regulation 33 of SEBI LODR.
• Board meeting date: August 12, 2026.

Dematerialisation status

• Certificate states Regulation 74(5) not applicable; entire holding in demat form; no rematerialisation requests received.
• No physical certificates were received for dematerialisation; no mutilation or cancellation required.
• There were no dematerialisation/rematerialisation requests during the quarter ended 30 June 2026.

Board meeting

• Board meeting date to consider unaudited results will be intimated in due course.