About Star Paper Mills Limited

Star Paper Mills Limited is a public limited company incorporated and domiciled in India, engaged in manufacturing and supplying paper, paper board, and related products. Its portfolio includes a wide range of industrial packaging and cultural paper catering to various consumer segments. The company’s shares are listed on the National Stock Exchange of India Limited and BSE Limited. Its manufacturing plant is located at Saharanpur, Uttar Pradesh, with the registered office at Duncan House, 2nd Floor, 31, Netaji Subhas Road, Kolkata, West Bengal, and a Marketing & Sales office in New Delhi. The company operates without any subsidiaries or holding company.

Star Paper Mills commenced commercial production in 1938, establishing a legacy of over eight decades. The company focuses on industrial and cultural grades of paper and paper board, serving diverse domestic end uses while also exporting globally. Its exports during FY 2024–25 reached a FOB value of Rs. 233.97 lakh, indicating a modest presence in international markets alongside its core Indian operations.

Financially, the company reported a conservative position with no outstanding debt as of March 31, 2025, and March 31, 2024. The Board approved the financial statements for the year ended March 31, 2025, on May 29, 2025, reflecting continued operational stability.

Key Milestones of Star Paper Mills Limited

• Incorporation and commencement of commercial production in 1938.
• Listings on National Stock Exchange of India Limited and BSE Limited, maintained continuously over years.
• Approval of FY 2024–25 financial statements by the Board on May 29, 2025.
• Maintained a debt-free capital structure throughout FY 2023–24 and FY 2024–25.
• Export FOB value of Rs. 233.97 lakh for FY 2024–25, signaling continued global market engagement.

Star Paper Mills Limited Business Segment

The company’s business is not segmented separately in its Annual Report but essentially involves manufacturing and marketing of various types of paper and paper board. The product categories include industrial packaging paper and cultural grades of paper used for diverse applications.

Geographically, Star Paper Mills serves markets across India and exports select volumes internationally. Its operations are centralized with a manufacturing plant in Saharanpur, Uttar Pradesh, while it maintains offices in Kolkata and New Delhi for corporate and marketing functions.

Star Paper Mills Limited Key Management

• Mr. G.P. Goenka – Chairman Emeritus
• Mr. Madhukar Mishra – Managing Director
• Mr. Shrivardhan Goenka – Non-Executive Director
• Dr. R.C. Lodha – Independent Director
• Mr. Anoop Mishra – Independent Director
• Mr. Atul Mani Sharma – Independent Director
• Mrs. Pragya Jhunjhunwala – Non-Executive Director
• Mr. Sanjeev K. Garg – Chief Financial Officer
• Mr. Saurabh Arora – Company Secretary

Latest Updates on Star Paper Mills Limited

• Board changes: Dr. (Mrs) Sheela Bhide resigned as Director effective May 31, 2024. Mr. Shiromani Sharma and Mr. C.M. Vasudev retired as Independent Directors on completion of tenure on September 27, 2024. Mr. Anoop Mishra and Mr. Atul Mani Sharma were appointed as Independent Directors effective September 28, 2024.
• Cost audit: Appointment of M/s K.B. Saxena & Associates as Cost Auditors for FY 2025–26, with remuneration approved subject to shareholders’ ratification.
• Annual general meeting: The 86th AGM is scheduled for September 25, 2025, to be held via VC/OAVM, with the registered office in Kolkata as the deemed venue.
• Corporate compliance: Continued listing of equity shares on NSE and BSE with payment of listing fees for FY 2024–25.
• Financial position: The company reports no outstanding debt as of March 31, 2025, and March 31, 2024, reflecting a conservative capital and financial position.
• Export performance: Rs. 233.97 lakh FOB value realized through exports in FY 2024–25, maintaining international engagements.