Kuantum Papers Limited — Proxy Solicitation & Information Statement 2026

Feb 11, 2026

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	11.02.2026
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 Scrip Code: 532937 Scrip ID: KUANTUM	National Stock Exchange of India Limited Exchange Plaza Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai 400 051 Trading Symbol: KUANTUM

Sub:– Postal Ballot Notice - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith, the Postal Ballot Notice dated 07[th] February, 2026, seeking approval of the members of the Company, only by way of remote e-voting process, for the special resolutions for following matters:

Sr. No.	Description of Resolutions	Type of Resolution(s)
1	To approve re-designation of Shri Munishwar Kumar (DIN:00434341), as an Independent Director	Special
2	To approve appointment of Shri Jagdeep Hira (DIN: 07639849), as a DirectorandWholeTimeDirectorofthe Company	Special

Postal Ballot Notice along with Explanatory Statement and Instructions for e-voting are being sent only through electronic mode to all the members who have registered their email addresses with the Company/Depository Participants (DPs)/ M/s MAS Services Limited (Company’s Registrar and Share Transfer Agents or RTA) and whose names appear in the Register of Members/ List of Beneficial Owners as received from Depositories i.e. National Securities Depository Limited (“NSDL”) / Central Depository Services (India) Limited (“CDSL”) as on Friday, 06[th] February, 2026 (Cut-off Date).

In compliance with the provisions of Section 108 and 110 of the Companies Act, 2013 read with relevant rules made thereunder, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), the Company has engaged the services of NSDL to provide remote e-voting facilities to the Members, to enable them to cast their votes electronically.

The remote e-voting facility will be available during the following period:

Start Date and Time	9.00 a.m. (IST) on Wednesday, the 18thday of February, 2026
Close Date and Time	5.00 p.m. (IST) on Thursday, the 19thday of March, 2026

The Postal Ballot Notice is available on the Company's website at www.kuantumpapers.com. The detailed procedure for remote e-voting is provided in the Notes to the Postal Ballot Notice.

You are requested to take the same on your record.

For Kuantum Papers Limited

GURINDER Digitally signed by GURINDER SINGH SINGH MAKKAR Date: 2026.02.11 MAKKAR 15:40:28 +05'30'

(Gurinder Singh Makkar) (Company Secretary & Compliance Officer) M.No.: F5124

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POSTAL BALLOT NOTICE

[Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014]

To,

The Members,

Kuantum Papers Limited

Notice is hereby given pursuant to provisions of Section 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013 ('the Act') and Rule 20 & Rule 22 of the Companies (Management and Administration) Rules, 2014 ('the Rules'), Regulation 44 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), read with SEBI circular no. SEBI/HO/DDHS/P/CIR/2023/0164 dated 6[th] October 2023 and circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3[rd] October 2024 (“SEBI Circulars”), General Circular Nos. 14/2020 dated 8[th] April, 2020, 17/2020 dated 13[th] April, 2020, 22/2020 dated 15[th] June, 2020, 33/2020 dated 28[th] September, 2020, 39/2020 dated 31[st] December, 2020, 10/2021 dated 23[rd] June, 2021, 20/2021 dated 8[th] December, 2021, 03/ 2022 dated 5[th] May, 2022 and 11/2022 dated 28[th] December, 2022 and 9/2023 dated 25[th] September, 2023, 09/2024 dated 19[th] September 2024 and subsequent circulars issued in this regard, the including Circular No. 03/2025 dated 22[nd] September 2025 and other relevant circulars and notifications issued by the Ministry of Corporate Affairs (hereinafter collectively referred to as “the MCA Circulars”), Secretarial Standard on General Meetings ('SS-2') issued by the Institute of Company Secretaries of India and any other applicable law, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the resolution(s) set out in this Notice are proposed to be passed by the Members of Kuantum Papers Limited ('the Company') by means of Postal Ballot, only by remote e-voting process (‘remote e-voting’ or ‘evoting’).

The proposed Resolutions along with the Explanatory Statement pursuant to Section 102(1), 110 and other applicable provisions, if any, of the Act read with rules framed thereunder, setting out the material facts and reasons thereof are annexed to this Notice. The instructions for remote e- voting are appended to this Notice.

In compliance with the aforesaid MCA and SEBI Circulars, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company’s Registrar and Share Transfer Agent (‘RTA’)/Depository Participant(s). The communication of assent or dissent of the Members would take place only through the remote e- voting system and the hard copy of Postal Ballot Notice (along with postal ballot forms) and prepaid business envelope through post will not be sent to the Members for this Postal Ballot.

The Company has engaged the services of National Securities Depositories Limited (hereinafter referred to as “NSDL” or “Service Provider”) for facilitating e-voting to enable the Members to cast their votes electronically instead of dispatching postal ballot forms. In accordance with the MCA and SEBI Circulars, the Company has made necessary arrangements with M/s MAS Services Limited, Registrar and Share Transfer Agent (“RTA”) to enable the Members to register their e-

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mail address. Those Members who have not yet registered their e-mail address are requested to register the same by following the procedure set out in this Notice.

In accordance with the provisions of the MCA Circulars, and other applicable laws and regulations, Members can vote only through the remote e-voting process. Accordingly, the Company is pleased to offer remote e-voting facility to all its Members to cast their votes electronically. Members are requested to read the instructions in the Notes forming part of this Notice to cast their vote electronically through the remote e-voting process which commences from 9.00 a.m. (IST) on Wednesday, the 18th day of February, 2026 and concludes at 5.00 p.m. (IST) on Thursday, the 19th day of March, 2026. The remote e-voting will be disabled by NSDL thereafter.

Shareholders/Members are requested to carefully read the instructions and procedures indicated in this Notice to cast their vote electronically. Postal ballot e-Voting Period is as follows:

Start Date and Time 9.00 a.m. (IST) on Wednesday, the 18th day of February, 2026 Close Date and Time 5.00 p.m. (IST) on Thursday, the 19th day of March, 2026

Members whose names appear on the register of Members / List of Beneficial owners as on the cut-off date i.e. 06th February, 2026 will only be considered eligible for the purpose of e- voting.

The Board of Directors of the Company has appointed Mr. Sushil Kumar Sikka (Membership no. 4241) of M/s S.K. Sikka & Associates, Practicing Company Secretary as Scrutinizer for conducting the postal ballot, through e-voting process, in a fair and transparent manner. The Scrutinizer’s decision on the validity of the Postal Ballot shall be final.

The Scrutinizer will submit his report, after the completion of scrutiny, to the Chairman or any person authorized by him. The Postal Ballot results will be submitted within 2 (Two) working days from conclusion of the e-voting period to the stock exchanges in accordance with the SEBI Listing Regulations. The results of the Postal Ballot/e-voting shall be declared by placing it, along with Scrutinizer’s Report, on the Company’s website www.kuantumpapers.com and on NSDL website www.evoting.nsdl.com within 2 (Two) working days from conclusion of the e-voting period. Further, the same shall be submitted to the stock exchanges on which the equity shares of the Company are listed i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively. The results shall also be displayed for at least three days on the Notice Board of the company at its Registered office and its Head Office/Corporate Office.

The proposed resolution, if assented by the requisite majority, shall be deemed to be passed on the last date specified for e-voting i.e. 19[th] day of March, 2026.

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ITEMS OF SPECIAL BUSINESS REQUIRING CONSENT OF SHAREHOLDERS THROUGH POSTAL BALLOT ARE AS UNDER:

SPECIAL BUSINESS:

Item No. 1

To approve re-designation of Shri Munishwar Kumar (DIN:00434341), as an Independent Director

To consider and if thought fit, to pass the following resolution as a Special Resolution :

“Resolved that in accordance with Sections 149, 150, 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with the rules made thereunder and applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and pursuant to the recommendation of the Nomination and Remuneration Committee and Board of Directors, in respect of Shri Munishwar Kumar (DIN:00434341), who has submitted a declaration that he meets the criteria of independence as provided in Section 149(6) of the Act and SEBI Listing Regulations and who is eligible for appointment (re-designation) and for whom the Company has received notice under Section 160(1) of the Act, the approval of the Members of the Company be and is hereby accorded for his redesignation from the position of Non-executive Director of the Company, liable to retire by rotation, to the position of Independent Director of the Company, not liable to retire by rotation, for a term of 5 (Five) consecutive years commencing from 07[th] February, 2026 to 06[th] February, 2031.

Resolved further that the Board of Directors of the Company (including any committee/official authorized by the Board of Directors for this purpose) be and are hereby authorized to do all such acts, deeds, matters and things as may be considered necessary proper or expedient in order to give effect to the above resolution and for matters connected therewith or incidental thereto.”

Item No. 2

To approve appointment of Shri Jagdeep Hira (DIN: 07639849) as a Director and Whole Time Director of the Company

To consider and if thought fit, to pass the following resolution as a Special Resolution :

“Resolved that pursuant to the provisions of Section 149, Section 152, Section 161 and any other applicable provisions of the Companies Act, 2013 (“Act”), read with Rules thereunder, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, further read with provisions of Article of Association of the Company, Shri Jagdeep Hira (DIN: 07639849), in respect of whom a notice has been received from a member in writing, under Section 160 of the Act and who is also recommended by the Nomination and Remuneration Committee and Board of Directors for such appointment, be and is hereby appointed as a Director on the Board of Directors of the Company with effect from 07[th] February 2026, liable to retire by rotation.

Resolved further that pursuant to the provisions of Sections 196, 197, 203 and other applicable provisions, if any, of the Companies Act, 2013 and Rules made thereunder and Schedule V of the

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Act read with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and pursuant to the recommendation of the Nomination and Remuneration Committee and Board of Directors, the consent of the Members of the Company be and is hereby accorded to the appointment of Shri Jagdeep Hira (DIN: 07639849) as Whole Time Director of the Company, liable to retire by rotation, for a period of three years commencing from 07[th] February, 2026, on the Remuneration, Terms and Conditions as set out in the Explanatory Statement annexed to this Notice with liberty to the Board of Directors (which includes a duly constituted Committee of the Board) to alter and vary the terms and conditions of the said appointment and/ or remuneration in such manner as may be mutually agreed between the Board and Shri Jagdeep Hira (DIN: 07639849) in accordance with the provisions of the Companies Act, 2013 read with rules made thereunder (including any statutory modification or re-enactment /amendment thereto at any time/from time to time).

Resolved further that approval of the Members of the Company be and is hereby accorded for payment of the remuneration and perquisites within the limits as set out in Notice/Explanatory Statement to Shri Jagdeep Hira(DIN: 07639849), Whole Time Director during his tenure for any financial year(s) as Minimum Remuneration notwithstanding any loss or inadequacy of profits, during such financial year(s) subject to such compliances and approvals as may be required under Companies Act, 2013 read with Schedule V thereto and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolved further that with the payment of approved Remuneration to Shri Jagdeep Hira(DIN: 07639849), Whole Time Director, the remuneration of other Whole Time Directors and Executive Directors of the Company shall remain unaffected in spite of the fact that the remuneration payable to them may exceed the limits prescribed in Section 197 of the Companies Act, 2013 in any Financial Year.

Resolved further that the Board of Directors (which includes a duly constituted Committee of the Board) shall be entitled to alter and vary the terms and conditions of the said appointment and / or remuneration in such manner as may be mutually agreed between the Board and Shri Jagdeep Hira(DIN: 07639849), Whole Time Director provided that such variation or increase, as case may be, as per Section 197 and/or Schedule V of the Act.

Resolved further that the Board of Directors of the Company (including any committee/official authorized by the Board of Directors for this purpose) be and are hereby authorized to do all such acts, deeds, matters and things as may be considered necessary proper or expedient in order to give effect to the above resolution and for matters connected therewith or incidental thereto.”

Place: Chandigarh Date: 07[th ] February, 2026

By the Order of Board of Directors For Kuantum Papers Limited Sd/- Gurinder Singh Makkar Company Secretary M. No.: F5124

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NOTES:

1. The Statement pursuant to Section 102 of the Companies Act, 2013 (“the Act”), Secretarial Standard - 2 on General Meetings issued by The Institute of Company Secretaries of India, in respect of the business as set out in the Notice is annexed hereto.

2. In compliance with MCA Circulars, the Company will send Postal Ballot Notice only by email to all its Members who have registered their email addresses with the Depository Participants (DPs)/ M/s MAS Services Limited (Company’s Registrar and Share Transfer Agents or RTA) and whose names appear in the Register of Members/ List of Beneficial Owners as received from Depositories i.e. National Securities Depository Limited (“NSDL”) / Central Depository Services (India) Limited (“CDSL”) as on Friday, 06[th] February, 2026 (Cut-off Date ). A person who is not a member as on the cut-off date should treat this Notice of Postal Ballot for information purpose only.

3. The results of the Postal Ballot/e-voting shall be declared by placing it, along with Scrutinizer’s Report, on the Company’s website www.kuantumpapers.com and on NSDL E-Voting website that is www.evoting.nsdl.com within 2 (Two) working days from conclusion of the e-voting period. Further, the same shall be submitted to the stock exchanges on which the equity shares of the Company are listed i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively. The results shall also be displayed for at least three days on the Notice board of the company at its Registered office and its Head Office/Corporate Office.

4. In accordance with the MCA circulars, the Company has made arrangements for the Members to register their email address. Members who have not registered their email address are requested to register the same with the Depository Participants (DPs), if the shares are held in electronic form.

5. In terms of Sections 108, 110 and other applicable provisions of the Act, as amended, read together with the Rules and in compliance with Regulation 44 of the Listing Regulations as amended from time to time, the Company has arranged to provide remote e-voting facility to all the members of the Company. The Company has appointed National Securities Depositories Limited (hereinafter referred to as “NSDL”) for providing e-voting facility to its members. The instructions for e-voting are provided as part of this Postal Ballot Notice which the members are requested to read carefully before casting their vote.

6. The e-voting facility will be available only during the e-voting period which will commence at 9.00 a.m. (IST) on Wednesday, the 18th day of February, 2026 and shall end at 5.00 p.m. (IST) on Thursday, the 19th day of March, 2026. The remote e-voting module shall be disabled for voting thereafter. Once the vote on a resolution(s) is cast by the member, whether partially or otherwise, the member shall not be allowed to change it subsequently or cast the vote again.

7. To support ‘Green Initiative’ for receiving all communication (including Notice of Postal Ballot) from the Company electronically, members holding shares in dematerialised mode

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are requested to register/update changes, if any, pertaining to their name, postal address, email address, telephone/mobile numbers, Permanent Account Number (PAN), mandates, nominations, power of attorney, bank details such as, name of the bank and branch details, bank account number, MICR code, IFSC code, etc., to their Depository Participant.

8. The voting rights of members shall be in proportion to their share of the paid-up equity share capital as on the Cut-off Date i.e., Friday, 06[th] February, 2026.

9. The proposed resolutions, if assented by the requisite majority, shall be deemed to be passed on the last date specified for e-voting i.e. Thursday, the 19th day of March, 2026.

10. A member cannot exercise his / her vote through proxy on postal ballot. However, corporate and institutional members shall be entitled to vote through their authorised representatives. Corporate and Institutional members are required to send scanned certified true copy (PDF Format) of the board resolution / authority letter, power of attorney together with attested specimen signature(s) of the duly authorised representative(s), to the Scrutinizer by e-mail to sikkasushil@gmail.com with a copy marked to evoting@nsdl.com and the Company at kuantumcorp@kuantumpapers.com.

11. The documents referred to in this Postal Ballot Notice and the Explanatory Statement will be available for inspection electronically until last date of remote e-voting. i.e. Thursday, the 19th day of March, 2026. Any member seeking to inspect can send an e-mail to the Company at kuantumcorp@kuantumpapers.com with subject line "Inspection of Documents", mentioning their name, DP Id and Client Id and documents they wish to inspect.

12. The Company’s Registrar and Transfer Agent for its share registry work (Physical and Electronic) is M/s MAS Services Limited. All documents, transmission, duplicate shares/confirmation letters dematerialization requests and other communications in relation thereto should be addressed directly to the Company’s Registrar & Share Transfer Agents, at the address mentioned below:

Mas Services Limited (Registrars & Share Transfer Agent) T-34, 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi - 110 020 Ph: +91 11 2638 7281 /82 /83, Fax: +91 11 2638 7384, Mobile:- +91-8929884917 Email: info@masserv.com Web: www.masserv.com

13. In case of any queries relating to voting by electronic means, please refer to the Frequently Asked Questions (FAQs) and e-voting user manual for Members available at the Help section of www.evoting.nsdl.com in case of any grievances connected with facility for voting by electronic means.

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GENERAL INFORMATION AND INSTRUCTIONS RELATING TO E-VOTING

- How do I vote electronically using NSDL e Voting system?

The way to vote electronically on NSDL e-Voting system consists of “Two Steps” which are mentioned below:

- Step 1: Access to NSDL e Voting system

- A) Login method for e Voting for Individual shareholders holding securities in demat mode - In terms of SEBI circular dated December 9, 2020 on e Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Login method for Individual shareholders holding securities in demat mode is given below:

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Type of Login Method
shareholders
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Login method for Individual shareholders holding securities in demat mode is given below:	Login method for Individual shareholders holding securities in demat mode is given below:	Login method for Individual shareholders holding securities in demat mode is given below:
Type of shareholders Login Method
Individual Shareholders holding securities in demat mode withNSDL	1. 2.	For OTP based login you can click onhttps://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.jsp. You will have to enter your 8-digit DP ID,8-digit Client Id, PAN No., Verification code and generate OTP. Enter the OTP received on registered email id/mobile number and click on login. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name ore- Voting service provider i.e. NSDLand you will be redirected to e- Voting website of NSDL for casting your vote during the remote e- Voting period. ExistingIDeASuser can visit the e-Services website of NSDL Viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner”icon under“Login”which is available under‘IDeAS’section , this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added services. Click on“Access to e-Voting” under e-Voting services and you will be able to see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be re-directed to e-Voting website of NSDL for casting your vote duringthe remote e-Voting period.

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1. If you are not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com. Select “Register Online for IDeAS Portal” or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp

2. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period. 5. Shareholders/Members can also download NSDL Mobile App “ NSDL Speede ” facility by scanning the QR code mentioned below for seamless voting experience.

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	Individual Shareholders holding securities in demat mode withCDSL	1) Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. The users to login Easi / Easiest are requested to visit CDSL website www.cdslindia.com and click on login icon & New System Myeasi Tab and then user your existing my easi username & password. 2) After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information provided by company. On clicking the evoting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e- Voting period. Additionally, there is also links provided to access the system of all e-Voting Service Providers, so that the user can visit the e-Voting service providers’ website directly.

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3) If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option. 4) Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available onwww.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.

Individual Shareholders (holding securities in demat mode) login through their depository participants

You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e-Voting facility. upon logging in, you will be able to see e-Voting option. Click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e- Voting website of NSDL for casting your vote during the remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL.

Login type		Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL		Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.com or call at 022 - 4886 7000
Individual Shareholders holding securities in demat mode with CDSL		Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.com or contact at toll free no. 1800-21-09911

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B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.

2. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

4. Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

5. Your User ID details are given below :

Manner of holding shares i.e. Demat (NSDL or CDSL) or Physical	Your User ID is:
a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID For example if your DP ID is IN300 and Client ID is 12 thenyour user ID is IN30012**.
b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID For example if your Beneficiary ID is 12** thenyour user ID is 12**
c) For Members holding shares in Physical Form.	EVEN Number followed by Folio Number registered with the company For example if folio number is 001 and EVEN is 101456 then user ID is 101456001

1. Password details for shareholders other than Individual shareholders are given below: a) If you are already registered for e-Voting, then you can use your existing password to login and cast your vote.

2. b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

3. c) How to retrieve your ‘initial password’?

   • (i) If your email ID is registered in your demat account or with the company, your ‘initial password’ is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your ‘User ID’ and your ‘initial password’.

(ii) If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered

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1. If you are unable to retrieve or have not received the “ Initial password” or have forgotten your password:

2. a) Click on “ Forgot User Details/Password ?”(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

3. b) Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

4. c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.com mentioning your demat account number/folio number, your PAN, your name and your registered address etc.

5. d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.

6. After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

7. Now, you will have to click on “Login” button.

8. After you click on the “Login” button, Home page of e-Voting will open.

- Step 2: Cast your vote electronically on NSDL e Voting system.

- How to cast your vote electronically on NSDL e Voting system?

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle.

2. Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.

3. Now you are ready for e-Voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

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General Guidelines for shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to sikkasushil@gmail.com with a copy marked to evoting@nsdl.com. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on "Upload Board Resolution / Authority Letter" displayed under "eVoting" tab in their login.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.

3. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on : 022 - 4886 7000 or send a request to Mr. Amit Vishal, Asst. Vice President at evoting@nsdl.com

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for e-voting for the resolutions set out in this notice :

1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) by email to gurindermakkar@kuantumpapers.com.

2. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self attested scanned copy of PAN card), AADHAR (self attested scanned copy of Aadhar Card) to gurindermakkar@kuantumpapers.com. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to -

the login method explained at step 1 (A ) i.e. Login method for e Voting for Individual shareholders holding securities in demat mode .

1. Alternatively shareholder/members may send a request to evoting@nsdl.com for procuring user id and password for e-voting by providing above mentioned documents.

2. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

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ANNEXURE TO NOTICE EXPLANATORY STATEMENT (PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013)

In conformity with the provisions of Sections 102 and 110 of the Companies Act, 2013 and the Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India, the following Explanatory Statement and annexure thereto setting out all material facts relating to the business mentioned at Item No. 1 and Item No. 2 of the accompanying Postal Ballot Notice dated 07[th] February, 2026 should be taken as forming part of this Notice.

SPECIAL BUSINESS:

Item No. 1

To approve re-designation of Shri Munishwar Kumar (DIN:00434341), as an Independent Director

Shri Munishwar Kumar (DIN: 00434341) was initially appointed as Non-Executive Director of the Company, liable to retire by rotation and his appointment as such was approved by the shareholders of the Company vide Special Resolution passed on 18[th ] December, 2024 through Postal Ballot.

During his tenure as Non-Executive Director of the Company, Shri Munishwar Kumar has significantly contributed to the strategic decisions of the Board of Directors of the Company. Mr. Munishwar Kumar, aged 57 years, is a Master’s in Business Administration from Thomas, Maine, USA. As an entrepreneur, with global bio-degradable packaging experience, he has successfully built and managed India’s largest moulded fibre packaging Company. With a career spanning 35 years, he has played a key role in strategic planning, business development, executing green field and brownfield projects, financial management, mergers and acquisitions. He enjoys creative work through innovation and thrive in building businesses and achieving profitable growth.

In view of his vast experience and valuable contribution, the Nomination and Remuneration Committee in its Meeting held on 07[th] February, 2026 recommended his re-designation/ appointment as Independent Director of the Company. The Committee, while recommending his redesignation considered various factors, viz., his knowledge & experience; his specific skills helping the Board and the Company in attaining its objectives; his participation in the Board deliberations; specialized skills and expertise and his independent judgment in the opinion of the entire Board.

Based on the recommendation made by the Nomination and Remuneration Committee as above, the Board of Directors of the Company has approved his re-designation as independent Director of the Company for a period of five consecutive years w.e.f. 07[th] February, 2026, subject to approval of the Members of the Company.

The Board is of the view that skills, proficiency, expertise and competency possessed by Mr. Munishwar Kumar are in alignment with the skills and expertise identified by the Nomination and Remuneration Committee and Board of Directors of the Company and his association and

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expertise will be of immense benefit and value to the Company in achieving the Company’s strategic objectives. This will also promote a good mix of independent directors in Board of Directors of the Company.

The Company has received a notice in writing from a Member under Section 160 of the Companies Act, 2013 proposing the candidature of Mr. Munishwar Kumar as Independent Director of the Company.

Further, the Company has received his consent to be appointed/re-designated as a Director/Independent Director in Form DIR-2 pursuant to Rule 8 of the Companies (Appointment and Qualifications of Directors) Rules, 2014 (the Rules), Intimation in Form DIR-8 in terms of the Rules to the effect that he is not disqualified under the provisions of Section 164(2) of the Act. Mr. Munishwar Kumar has also confirmed that he is not debarred from holding the office of a Director by virtue of any Order passed by the SEBI or any other such authority. Mr. Munishwar Kumar meets the criteria of independence as outlined in Section 149 of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI Listing Regulations, as per the declaration provided by him. He is registered with the data bank of Independent Directors maintained by the Indian Institute of Corporate Affairs (Registration Number: IDDB-DI-202601-085413). Further, he has confirmed that he is not aware of any circumstance or situation which exists or may be reasonably anticipated that could impair or impact his ability to discharge his duties as an Independent Director of the Company.

He does not hold any shares in the Company, as on the date of this Meeting. Further, he is not related to Promoters, any Directors or KMPs of the Company. Presently he is not a director on the Board of Directors of any other Company.

Shri Munishwar Kumar shall be entitled to the remuneration by way of sitting fee for attending meetings of the Board or Committees thereof or for any other purpose as may be decided by the Board and reimbursement of expenses for participating in the Board and other meetings.

Shri Munishwar Kumar fulfils the conditions specified in the Act, Rules and Listing Regulations for redesignation/appointment as Independent Director and he is independent of the management of the Company.

Further, as per the Regulation 17(1C) of the SEBI Listing Regulations, a listed entity shall ensure that the approval of shareholders for the appointment of a person on the Board of Directors is taken at the next general meeting or within a time period of three months from the date of appointment, whichever is earlier. Hence approval of the Members is being sought by way of special resolution for his redesignation/appointment as Independent Director, not liable to retire by rotation.

Except Shri Munishwar Kumar, being an appointee, none of the Directors or Key Managerial Personnel of the Company or their relatives is concerned or interested, financially or otherwise, in the resolution.

The Board recommends the Special Resolution as set forth in Item No. 1 in the Postal Ballot Notice for the approval of the Members.

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Disclosure under Regulation 36(3) of the Listing Regulations and Secretarial Standard-2 issued by the Institute of Company Secretaries of India are given below. This Explanatory Statement may also be regarded as an appropriate disclosure under the Listing Regulations.

Additional information on Director recommended for appointment/re-appointment as required under Regulation 36(3) of SEBI Listing Regulation, and Secretarial Standards-2 as prescribed by the Institute of Company Secretaries of India.

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----- Start of picture text -----

Name Of Director and DIN Mr. Munishwar Kumar (DIN: 00434341)
Date of Birth/Age 03-01-1968
Nationality Indian
Date of Appointment / 18th December, 2024 (Appointment as Non Executive
Reappointment/Re-designation Director)
07th February, 2026 (Re-designation as Independent
Director)
Qualification Master’s in Business Administration from Thomas,
Maine, USA
Occupation Business
Nature and Expertise in specific Mr. Munishwar Kumar, aged 57 years, is a Master’s in
functional area Business Administration from Thomas, Maine, USA. As
an entrepreneur, with global bio-degradable packaging
experience, he has successfully built and managed
India’s largest moulded fibre packaging Company. With
a career spanning 35 years, he has played a key role in
strategic planning, business development, executing
green field and brownfield projects, financial
management, mergers and acquisitions. He enjoys
creative work through innovation and thrive in building
businesses and achieving profitable growth.
Number of shares held in Company NIL
List of Directorship and Committee NIL
membership in Listed Companies
other than Kuantum Papers Limited
Terms and conditions for As per details given in the Notice and Explanatory
appointment Statement
Remuneration last drawn from the NIL
Company (up to date of this notice)
Details of remuneration sought to As per detail given in the Explanatory Statement to Item
be paid no. 1 of the Notice
Listed entities (except Kuantum Existing Directorship in other Listed Company: NIL
Papers Limited) in which the person
holds the directorship and the Past Directorship in other listed entities in last three
chairmanship/ membership of years: NIL
committees along with listed
entities from which the person has
resigned in the past three years.
Directorships held in other NIL
companies/branches
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Memberships/Chairmanships of committees of other Companies	NIL
Disclosure of relationships between Directors /KMP inter-se	NIL
List of core skills / expertise/ competencies identified by the Board and those actually available: Leadership, Governance, Technology, Industry Experience, Board Experience, Sales, Marketing, Innovation, Finance, Production.	Strategic Planning, Business Development, Execution of green field and brownfield projects, Financial Management, Mergers and Acquisitions

Item No. 2

To approve appointment of Mr. Jagdeep Hira (DIN: 07639849) as a Director and Whole Time Director of the Company

Mr. Jagdeep Hira is presently working with the Company as CEO–Operations. Mr. Jagdeep Hira aged 53 years, has a vast experience of 31 years in specialty paper manufacturing and paper mill management with proven expertise in developing and implementing operational strategies, driving efficiency, strengthening cost management, enhancing profitability, and ensuring compliance. He has worked in domestic and MNC companies with extensive international experience. He is a visionary professional. He is Bachelor of Engineering, an alumnus of BITS Pilani, and has successfully led large-scale operations, optimized supply chains and built enduring global partnerships with sustainability at the core. His leadership combines foresight, disciplined execution and a strong people-centric ethos, creating meaningful impact across businesses and stakeholders alike. He had been Managing Director at Pakka Limited, Vice President at Century Pulp & Paper and Former Head of Department (HOD) at Ballarpur Industries Limited in the past. He is not related to any Directors on the Board, Key Managerial Personnel or their relatives.

In view of his vast experience, expertise and knowledge in the paper industry, the Nomination and Remuneration Committee and Board of Directors approved his appointment as Additional Director and a Director in the capacity of Whole Time Director for a period of three years w.e.f. 07[th] February, 2026, subject to the approval of shareholders by way of Special Resolution, on the Remuneration, Terms and Conditions as below:

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A. Designation and Tenure
Sr. Particulars Details
1 Name and DIN Shri Jagdeep Hira
(DIN: 07639849)
2 Position Whole Time Director , liable to retire by rotation in accordance
with the provisions of Companies Act, 2013 and/or Articles of
Association of the Company
3 Tenure of appointment Three years w.e.f. 07th February, 2026
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B. Remuneration

Consolidated Remuneration of Rs. 15,00,000/- (Rs. Fifteen Lakhs only) per month/ Rs. 1,80,00,000/- (Rs. One Crore Eighty Lakhs per Annum), cost to the Company, consisting of Basic Salary, House Rent Allowance, Re-imbursements, other allowances, benefits and perquisites as per rules of the Company.

C. Other Terms and Conditions

1. Encashment of leaves, Payment of gratuity, Group Accident Policy, Medical Insurance for Self and dependents shall be as per Rules of the Company.

2. The Company may restructure CTC as and when required. Thus, the abovesaid CTC components may change accordingly.

3. Employee’s contribution to Provident Fund will be deducted from payroll in compliance with the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952.

4. Annual Increments as per Rules and policies of the Company as applicable to employees of the cadre or as approved by Board or Nomination and Remuneration Committee.

5. The Board of Directors/Company can assign such duties or responsibilities and may empower him with such requisite powers (with authority to revoke and/or amend such powers) to enable him to discharge his duties with full responsibility or the area of operations under his control.

6. He shall act in accordance with the Articles of Association of the Company and shall abide by the provisions contained in Section 166 of the Act with regard to duties of directors.

7. He shall adhere to the Company's Code of Business Conduct & Ethics for Directors and Management Personnel.

8. He shall not be entitled to any sitting fee for Meetings of the Boards or Committees thereof.

9. The Appointee is appointed as Director by virtue of his employment in the Company and his appointment shall be subject to the provisions of Section 167 of the Act.

10. All Organizational Rules and Personnel Policies of the Company which are applicable to other employees of the Company shall also be applicable to the Appointee unless specifically provided otherwise.

Pursuant to the applicable provisions of the Act read with the Listing Regulations, such appointment and payment of remuneration as approved by the Board is subject to the approval of Members by a resolution at the next general meeting of the Company or within a period of three months from the date of appointment, whichever is earlier. As an employee of the Company, he is currently drawing the same remuneration as detailed above. The approval of the Members is sought for his appointment and payment of remuneration.

Pursuant to Section 197(1) of the Companies Act, 2013, the total managerial remuneration payable by a public company, to its directors, including managing director and whole-time director, and its manager in respect of any financial year shall not exceed eleven per cent of the net profits of that company for that financial year computed in the manner laid down in section 198 of the Companies Act, 2013.

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Provided that the company in general meeting may, authorise the payment of remuneration exceeding 11% of the net profits of the company, subject to the provisions of Schedule V.

Further, pursuant to second proviso to Section 197(1) of the Act, except with the approval of the Company in General Meeting, by a Special Resolution, the remuneration payable to any one Managing Director or Whole-time Director or Manager shall not exceed five percent of the net profits of the Company and if there is more than one such director remuneration shall not exceed ten percent of the net profits to all such Directors and Manager taken together.

The Company has received following documents with respect to his appointment:

1. The Notice in terms of Section 160(1) of the Act received in writing from a Member, proposing his candidature for the office of Director,

2. His consent to act as a Director in Form DIR-2 pursuant to Rule 8 of the Companies (Appointment and Qualifications of Directors) Rules, 2014 (the Rules),

3. Intimation in Form DIR-8 in terms of the Rules to the effect that he is not disqualified under the provisions of Section 164(2) of the Act;

4. Declaration pursuant to BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018/ NSE Circular No. NSE/CML/2018/24 dated 20.06.2018, that he has not been debarred from holding office of a Director by virtue of any order passed by Securities and Exchange Board of India or any other such authority.

In terms of Regulation 17(1D) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, With effect from April 1, 2024, the continuation of a director serving on the board of directors of a listed entity shall be subject to the approval by the shareholders in a general meeting at least once in every five years from the date of their appointment or reappointment, as the case may be.

The approval of Members by way of Special Resolution is being sought for the appointment and to pay above-stated remuneration and perks (excluding retiral benefit etc. as provided in Schedule V of the Act for exclusion) to Shri Jagdeep Hira as minimum remuneration, even in the event of inadequacy of profits or no profits in the Company, if any, for that financial year, during the period of his tenure, as permissible through a special resolution as prescribed under Section II of Part II of Schedule V of the Act (as amended/modified from time to time, for the time being in force), subject to such compliances and approvals as may be required under Companies Act, 2013 read with Schedule V thereto and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has not committed any default in payment of dues to any bank or public financial institution or non-convertible debenture holders or any other secured creditor and is eligible to pay the proposed remuneration in accordance with the provisions of Companies Act, 2013.

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Information about Shri Jagdeep Hira, as required under Section II of Part II of Schedule V of the Act:

I. General Information

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----- Start of picture text -----

Nature of industry Manufacture of agro and wood-based Writing & Printing, Copier and
Specialty Papers.
Date or expected date of Not Applicable (The Company is an existing company)
commencement of commercial
production
In case of new companies, Not Applicable
expected date of
commencement of activities as
per project approved by
financial institutions appearing
in the prospectus
Financial performance based
(Rs. In Crores)
on given indicators (As per
2024-25 2023-24 2022-23
Audited Financial Statements) Particulars
Sales & other income 1,113.12 1,216.94 1,313.16
155.38 247.61 202.96
Profits Before Tax
115.18 183.83 136.15
Net Profits after tax
Foreign investments or The Company has not entered into any material Foreign collaboration and
collaborations, if any no direct capital investment has been made in the Company. Foreign
Investors, mainly comprising NRIs, FIIs and/or Foreign Nationals are
investors in the Company on account of past issuances of
securities/secondary market purchases. The Company has one Indian
holding Company viz. Kapedome Enterprises Ltd.
II. Information about the appointee
----- End of picture text -----

Background details	Name and Designation Mr. Jagdeep Hira, Whole Time Director
	Date of Birth 17-01-1972
	Father’s Name Mr. Dharam Pal Hira
	Nationality Indian
	Qualifications Bachelor of Engineering
Past remuneration	2024-25- Rs. 2.42 Crores (Other Company) 2023-24- Rs. 2.48 Crores (Other Company) 2022-23- Rs. 2.47 Crores (Other Company) He is proposed to be appointed as Whole Time Director in the Company at the same remuneration as he is drawing from Kuantum Papers Limited as an employee currently, the details of which are provided in Explanatory Statement.
Recognition or awards	Nil/NA
Job profile and his suitability	Mr. Jagdeep Hira aged 53 years, has a vast experience of 31 years in
	specialty paper manufacturing and paper mill management with proven
	expertise in developing and implementing operational strategies, driving
	efficiency, strengthening cost management, enhancing profitability, and
	ensuring compliance. He has worked in domestic and MNC companies
	with extensive international experience. He is a visionary professional. He
	is Bachelor of Engineering, an alumnus of BITS Pilani, and has
	successfully led large-scale operations, optimized supply chains and built
	enduring globalpartnerships with sustainabilityat the core. His leadership

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----- Start of picture text -----

combines foresight, disciplined execution and a strong people-centric
ethos, creating meaningful impact across businesses and stakeholders
alike. He had been Managing Director at Pakka Limited, Vice President at
Century Pulp & Paper and Former Head of Department (HOD) at
Ballarpur Industries Limited in the past. He has to his credit vast
experience, in the fields of paper industry, production, marketing, fund
management and governance.
Remuneration proposed Details of proposed remuneration are presented in the resolution and also
in the explanatory statement under Section 102 of the Companies Act,
2013.
Comparative remuneration The remuneration is as per Section 197 & 198 of the Companies Act, 2013
profile with respect to industry, read with Schedule V and is comparable with the industry standards for a
size of the company, profile of director of similar profile.
the position and person (in case
of expatriates the relevant
details would be with respect to
the country of his origin)
Pecuniary relationship directly Mr. Jagdeep Hira is not related to any of the Directors and Key Managerial
or indirectly with the company, Personnel of the Company or their relatives. Besides remuneration, he is
or relationship with the in no manner concerned and does not hold any share of the Company..
managerial personnel, if any
III. Other information
Reasons of loss or inadequate The Company is a profit making Company and for the financial year 2024-
profits 25, the Profits before Tax of the Company stood at Rs. 155.38 Crores and
Net profits stood at Rs. 115.18 Crores. Financially, the Company is
performing very well. It is expected that for current and succeeding years,
the profits of the Company will continue to be adequate. The Company is
influenced by general reversionary trend in the industry, government
policies and unprecedented volatility in prices of raw materials, Indian
Economy conditions and competition.
The Company remains committed to generating higher returns for its
stakeholders. The pivot to value added products, use of new technologies,
efficient management in Sales and Marketing as well as new capabilities
have helped the Company to achieve growth in recent years. The
Company will continue to take actions for improvement in its performance.
As a matter of abundant caution, members’ approval is being sought for
payment of remuneration, in the event of loss or inadequate profit in the
financials, as defined in the said respective resolutions read with their
explanatory statements.
The Company sees a large headroom for growth and plans to continue
investments to take advantage of the opportunity. While the investments
may impact margins in the near term, these are expected to help the
Company to scale its businesses and sustain growth and profitability in
the long run.
Steps taken or proposed to be The Company sees a large headroom for growth and will continue to take
taken for improvement advantage of the opportunities available. The Company has taken various
initiatives viz. product innovation, enhancements of production capacities
and customers base, reduction of various costs, better market penetration,
exploring new buyers, overseas buyers and improvement in realization
etc. It is expected that the performance of Company will improve during
the next financial year through initiatives taken by the Company for
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increasing its productivity and efficiency. The aforesaid steps taken / to be taken by the Company are expected to improve further the Company’s performance and profitability in the future.
Expected increase in productivity and profits in measurable terms The turnover and profitability will also improve further in the coming years, but are not measurable as the same are influenced by various factors such as market prices of finished goods, raw materials and cost of various inputs .
The other Information and disclosures as required under Schedule V / Companies Act, 2013 , wherever
applicable is provided in the Notice / Explanatory Statement and / or Annexures.

Disclosure under Regulation 36(3) of the Listing Regulations and Secretarial Standard-2 issued by the Institute of Company Secretaries of India are given below. This Explanatory Statement may also be regarded as an appropriate disclosure under the Listing Regulations.

Additional information on Director recommended for appointment/re-appointment as required under Regulation 36(3) of SEBI Listing Regulation, and Secretarial Standard-2 as prescribed by the Institute of Company Secretaries of India:

Name Of Director and DIN	Mr. Jagdeep Hira (DIN: 07639849)
Date of Birth/Age	17-01-1972 (53 years)
Nationality	Indian
Date of Appointment / Reappointment	07thFebruary, 2026
Qualification	Bachelor of Engineering
Occupation	Service
Nature and Expertise in specific functional area	Mr. Jagdeep Hira aged 53 years, has a vast experience of 31 years in specialty paper manufacturing and paper mill management with proven expertise in developing and implementing operational strategies, driving efficiency, strengthening cost management, enhancing profitability, and ensuring compliance. He has worked in domestic and MNC companies with extensive international experience. He is a visionary professional. He is Bachelor of Engineering, an alumnus of BITS Pilani, and has successfully led large-scale operations, optimized supply chains and built enduring global partnerships with sustainability at the core. His leadership combines foresight, disciplined execution and a strong people- centric ethos, creating meaningful impact across businesses and stakeholders alike. He had been Managing Director at Pakka Limited, Vice President at Century Pulp & Paper and Former Head of Department (HOD) at Ballarpur Industries Limited in the past. He has to his credit vast experience, in the fields of paper industry, production, marketing, fund management and governance.

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----- Start of picture text -----

Number of shares held in Nil
company
List of Directorship and Nil
Committee membership in
Listed Companies other
than Kuantum Papers
Limited
Terms and conditions for Shri Jagdeep Hira is proposed to appointed as Director in the
appointment capacity of Whole Time Director for a period of three years w.e.f.
07 [th] February, 2026, liable to retire by rotation, on terms and
conditions contained in Notice/Explanatory Statement.
Remuneration last drawn Details are given in this Explanatory Statement
Details of remuneration Details are given in this Explanatory Statement
Date of first (original) 07 [th] February, 2026
Appointment on the
Board
No. of Meetings of Board Nil/NA
attended during the FY
2024-25
Listed entities (except Nil (Currently)
Kuantum Papers Limited) in Pakka Limited (Past Directorship)
which the person holds the
directorship and the
chairmanship / membership
of committees of the board
along with listed entities
from which the person has
resigned in the past three
years.
Directorships held in other Nil/NA
companies /branches
Memberships / Nil
Chairmanships of
committees of other
Companies
Disclosure of relationships None
between Directors /KMP
inter-se
List of core skills / expertise/ Leadership, Governance, Industry Experience, Operations,
competencies identified by Marketing, Finance, Cost Reduction, Human Resources, Supply
the Board and those Chain.
actually available:
Leadership, Governance,
Technology, Board
Experience, Sales,
marketing, Innovation,
Finance, Production.
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The said remuneration and other terms and conditions as set out in the said Resolution/Explanatory Statement may also be treated as an abstract of the terms of appointment of Shri Jagdeep Hira and a memorandum setting out terms and conditions of appointment and remuneration as required under Section 190 of the Act.

Shri Jagdeep Hira, the proposed appointee himself is interested or concerned in the proposed resolution. Save and except as above, none of the other Directors, Key Managerial Personnel or their relatives are concerned or interested in the said Resolution.

The Board of Directors of the Company, on recommendation made by the Nomination and Remuneration Committee has approved the appointment and remuneration, subject to the approval of the members. The Board recommends the resolution for his re-appointment as set out at Item No. 2 of the accompanying Notice for approval of the members of the Company by way of Special Resolution.

Place: Chandigarh Date: 07[th ] February, 2026

By the Order of Board of Directors For Kuantum Papers Limited Sd/- Gurinder Singh Makkar Company Secretary M. No.: F5124

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23