AGM Details

The 32nd Annual General Meeting will be held on Tuesday, September 29, 2026 at 11:30 A.M. (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM). The deemed venue is the Registered Office at 5/6 Papa Industrial Estate, Suren Road, Andheri East, Mumbai 400093, Maharashtra, India.

Ordinary Business Items

Item No. 1: Adoption of Audited Standalone Financial Statement

Resolution to consider, approve and adopt the Audited Standalone Financial Statement for FY ended March 31, 2026, together with Directors report and Auditors report.

Item No. 2: Appointment of Director retiring by rotation

Ordinary Resolution for re-appointment of Mr. Shantilal P. Shah (DIN: 00033182) who retires by rotation and is eligible for re-appointment.

Special Business Items

Item No. 3: Re-appointment of Mr. Amrut P. Shah as Managing Director

Special Resolution for re-appointment as Managing Director for 3 years from April 01, 2027 to March 31, 2030.

  • Remuneration: Basic salary not exceeding ₹75 lakhs per annum (exclusive of perquisites)
  • Perquisites: Provident fund, gratuity (not exceeding half month's salary per completed year), leave encashment
  • Minimum Remuneration Clause: If company has no profits or inadequate profits, remuneration shall be governed by Section 197 read with Schedule V of Companies Act, 2013
  • Notice Period: 3 months for termination
  • Current Holdings: 3,51,55,151 equity shares (7.42%)
  • Experience: 40+ years in paper stationery manufacturing, associated with company since incorporation (March 13, 1995)

Item No. 4: Re-appointment of Mr. Shantilal P. Shah as Whole-Time Director

Special Resolution for re-appointment as Whole-Time Director for 3 years from April 01, 2027 to March 31, 2030.

  • Remuneration: Basic salary not exceeding ₹75 lakhs per annum (exclusive of perquisites)
  • Perquisites: Provident fund, gratuity (not exceeding half month's salary per completed year), leave encashment
  • Minimum Remuneration Clause: Same as Item No. 3
  • Notice Period: 1 month for termination
  • Current Holdings: 4,62,64,357 equity shares (9.76%)
  • Role: Marketing and Public Relations with clients and media

Item No. 5: Re-appointment of Mr. Krunal S. Shah as Whole-Time Director

Special Resolution for re-appointment as Whole-Time Director for 3 years from April 01, 2027 to March 31, 2030.

  • Remuneration: Basic salary not exceeding ₹75 lakhs per annum (exclusive of perquisites)
  • Perquisites: Provident fund, gratuity (not exceeding half month's salary per completed year), leave encashment
  • Minimum Remuneration Clause: Same as Item No. 3
  • Notice Period: 1 month for termination
  • Current Holdings: 43,000 equity shares (0.01%)
  • Role: Digital Marketing, Designing, and Public Relations

Item No. 6: Re-appointment of Mrs. Jyoti Chandrakant Gala as Woman Independent Director

Special Resolution for second term as Woman Independent Director for 5 years from June 27, 2027 to June 26, 2032.

  • Current Position: Chairman - Stakeholders Relationship Committee, Member - Audit Committee
  • No remuneration drawn
  • No shares held

Item No. 7: Re-appointment of Mr. Mahesh Devji Bhanushali as Independent Director

Special Resolution for second term as Independent Director for 5 years from June 27, 2027 to June 26, 2032.

  • Current Position: Chairman - Audit Committee, Member - Stakeholders Relationship Committee
  • No remuneration drawn
  • No shares held

Financial Performance Context

  • FY 2025-2026 Total Revenue: ₹13,920.38 lakhs
  • FY 2024-2025 Total Revenue: ₹12,940.50 lakhs
  • FY 2025-2026 Profit After Tax: ₹317.95 lakhs
  • FY 2024-2025 Profit After Tax: (₹512.07) lakhs (loss)
  • Paid-up Capital: ₹4,738.78 lakhs
  • Reserves & Surplus: ₹4,330.43 lakhs (FY26) vs ₹4,015 lakhs (FY25)
  • Employees: 476 as on March 31, 2026

Voting Arrangements

  • Book Closure: September 23, 2026 to September 29, 2026 (both days inclusive)
  • Cut-Off Date: September 22, 2026 for determining eligible members
  • Remote e-Voting: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM) via NSDL
  • E-Voting at AGM: Available on September 29, 2026 for eligible members who haven't voted remotely
  • Scrutinizer: Mr. Gaurang Shah, Proprietor of M/s. GR Shah and Associates, Practicing Company Secretary

Shareholder Information

  • Registrar & Transfer Agent: MUFG Intime India Private Limited
  • Annual Report available at www.sundaramgroups.in, www.bseindia.com, www.nseindia.com
  • Members can inspect documents at registered office during business hours until AGM date