J K Paper Ltd has informed BSE that the Board of Directors of the Company, with a view to have uniform financial year under the Companies Act, 1956 and the Income Tax Act 1961 and to avoid preparation of two set of Accounts, at its meeting held on April 19, 2008, has decided that the financial year of the Company (presently commencing from July and ending in June) be changed to fiscal year (April-March). Accordingly, the existing financial year of the Company would be for a period of 9 months commencing from July 01, 2007 and ending on March 31, 2008 and thereafter, the financial year of the Company will be fiscal year (April 01, to March 31).

Further the Company has informed that the Company shall be submitting Audited Financial Results of the Company for the financial year (9 months) ended March 31, 2008, within 3 months of end of the financial year on March 31, 2008, i.e. by June 30, 2008.