Shree Rama Newsprint Limited has disclosed the outcome of a postal ballot process conducted to seek shareholder approval for a special resolution.

The nature of the event is the declaration of results for a remote e-voting process concluded on Friday, July 3, 2026, at 5:00 PM IST. The scrutinizer for the process was Mr. Kinjal Shah, a Practicing Company Secretary from Ahmedabad, who submitted his report to the Whole-time Director authorized by the Board on July 6, 2026.

Resolution Details

Resolution 1: Approval for Appointment of Mr. Alok Jain (DIN: 06950769) As an Independent Director of the Company

This was a special resolution. The voting results, as per the scrutinizer's report (Annexure-A), are as follows:

  • Number of Shareholders voted in favour: 108
  • Number of shares voted in favour: 11,16,40,140
  • Percentage of shares voted in favour: 99.98%
  • Number of Shareholders voted against: 12
  • Number of shares voted against: 17,548
  • Percentage of shares voted against: 0.02%
  • There were no abstained votes or invalid votes.

The resolution is deemed to have been duly passed as a special resolution on the last date specified for remote e-voting, i.e., July 3, 2026, as the votes cast in favour were more than three times the votes cast against, fulfilling the requirement of Section 114 of the Companies Act, 2013.

Process and Regulatory Compliance

The postal ballot notice was issued to members on May 25, 2026. The remote e-voting period commenced on Thursday, June 4, 2026, at 9:00 Hours IST and ended on Friday, July 3, 2026, at 17:00 Hours IST. The cut-off date for determining member eligibility to vote was Friday, May 29, 2026.

The company engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. A public notice was published in a newspaper on June 3, 2026, to inform members about the dispatch of the notice and the commencement of the postal ballot.

The process was conducted in compliance with:

  • Section 110 of the Companies Act, 2013
  • The Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No. 03/2025 dated September 22, 2025

Signatories and Reports

The disclosure includes the Scrutinizer's Report, which was countersigned by Mr. Siddharth Chowdhary, Whole-time Director (DIN: 01798350). The company submission was signed by Mr. Shubham Ajmera, Company Secretary (Membership No.: A 76790).