Bandaram Pharma Packtech Ltd

Board meeting update

• Board of Directors meeting scheduled for 30 September 2026 stands cancelled due to unavoidable reasons.

Meeting Details

• Board to meet on 30 September 2026 at the registered office.

Key Agenda Items

• Proposal for scheme of Arrangement/Amalgamation to be considered.
• Any other business with permission of the Chair.

Other Notes

• Trading window closes from 27 September 2026 until 48 hours after outcome declaration.

AGM details

• AGM held on 24 September 2026 at 11:08 A.M. IST via VC/OAVM.

Documentation

• Scrutinizer's report submitted pursuant to Section 108 and Rule 20(4)(xii).

AGM details

• AGM held on 24 Sep 2026 at 11:08 a.m. via VC/OAVM; concluded 11:24 a.m.

Resolutions

• Ordinary: adopt standalone financial statements for year ended 31 March 2026.
• Ordinary: adopt consolidated financial statements for year ended 31 March 2026.
• Ordinary: re-appoint director retiring by rotation.
• Ordinary: re-appoint statutory auditors.
• Special: re-appoint independent director.

Voting results

• Voting conducted via remote e-voting and AGM; outcome details not disclosed in excerpt.

Director changes

• Director retiring by rotation proposed for re-appointment.
• Independent director re-appointed.

Auditor appointments

• Statutory auditors re-appointed.

Bandaram Pharma Packtech Limited: Trading window closed from 01.10.2026 till 48 hours after the declaration of standalone and consolidated unaudited Financial Results for the quarter and half-year ended 30.09.2026

Financial performance

• Standalone revenue from operations: Rs 1,095.99 Lakhs.
• Standalone net loss: Rs 116.05 Lakhs.
• Consolidated revenue from operations: Rs 6,292.32 Lakhs.
• Consolidated net profit after tax: Rs 28.12 Lakhs.
• No dividend recommended or paid for FY2025-26.

Capital structure & equity

• Authorised share capital raised to Rs 19 Crores.
• Paid-up capital after preferential issue: Rs 17.97 Crores.
• 59,71,920 equity shares issued for Craftsmart swap.
• Craftsmart became wholly owned subsidiary.
• No debt raised; corporate guarantees extended to subsidiaries.

Subsidiaries & group structure

• Two material subsidiaries: Craftsmart (100%); VSR Paper & Packaging Limited (Bandaram holds 51.08%).
• Craftsmart turnover Rs 136.40 Lakhs; net loss Rs 45.82 Lakhs.
• VSR Paper & Packaging Limited turnover Rs 5313.08 Lakhs; PAT Rs 149.12 Lakhs.
• Consolidated non-controlling interest: Rs 458.47 Lakhs.
• Craftsmart is wholly owned; VSR is a subsidiary with majority control.

Governance & audit

• Independent Director Suryaprakasa Bommisetti reappointed for 5 years from 07.03.2027.
• Ms. Mounika Pammi appointed Independent Director w.e.f 20.06.2025.
• Auditors M.M. Reddy & Co.; proposed reappointment for 3-year term to 2029-30 at Rs 2,00,000 p.a.
• Secretarial auditor: Manoj Parakh & Associates.
• Board meetings held: 10 in the year.

Related party transactions

• Material RPTs: Corporate guarantees Rs 25 Crores to VSR; Rs 5 Crores to Craftsmart.
• Intercompany sales/purchases with subsidiaries: VSR Rs 129.29 Lakhs; Craftsmart Rs 100.89 Lakhs.
• Share swap acquisition: 59.71 Lakh equity shares issued.
• RPTs reviewed and approved by Audit Committee; disclosed in Form AOC-2.

Audit flags & controls

• Consolidated report includes a qualification due to set-off of sundry debtors/creditors in VSR.
• Emphasis of matter: trade receivables ageing not disclosed; recoverability assessed by management.
• MD and CFO certification attached; internal controls deemed adequate.
• Secretarial audits present without adverse qualifications.

Outlook & risks

• Outlook favorable for India's paper recycling market and packaging demand.
• Risks include high operating costs and need for ongoing capex.
• Liquidity risk managed by promoter funding as required.

Management disclosures & compliance

• MD/CFO certification and corporate governance disclosures incorporated in annual report.
• Corporate governance deemed compliant with SEBI LODR norms as of FY2025-26.
• MCAs and SEBI circulars referenced for VC/OAVM AGM and e-voting arrangements.

Standalone quarterly results

• Standalone Q2 30.06.2026 revenue from operations: Rs 298.51 lakh.
• Standalone Q2 30.06.2026 PBT: Rs -35.68 lakh.
• Standalone Q2 30.06.2026 PAT: Rs -35.68 lakh.
• Standalone Q2 30.06.2026 EPS (basic/diluted): Rs -0.20.

Consolidated quarterly results

• Consolidated Q2 30.06.2026 revenue from operations: Rs 2,395.26 lakh.
• Consolidated Q2 30.06.2026 PBT: Rs 92.49 lakh.
• Consolidated Q2 30.06.2026 PAT: Rs 68.44 lakh.
• Consolidated continuing EPS (basic): Rs 0.11; diluted: Rs 0.05.

Corporate actions & AGM

• Independent Director Bommisetti reappointed for 2nd term from 07.03.2027.
• Auditors M/s M.M. Reddy & Co. reappointed for 3 years.
• Board approved unaudited results for Q2 2026 on 13 Aug 2026.
• AGM scheduled 18.09.2026 via video conference.

Notes

• Ind AS 34 interim reporting; results reviewed by statutory auditors.
• Consolidated results include unaudited figures of VSR Paper & Craftsmart.

Meeting Details

• Board meeting scheduled for 13 August 2026 at the registered office.

Key Agenda Items

• Un-audited standalone and consolidated financial results with Limited Review Report for quarter ended 30.06.2026.
• Any other business with the permission of the Chair.

Other Notes

• Trading window closed from 01 July 2026 until 48 hours after the unaudited Q1 30 June 2026 results.

Dematerialisation processing & records

• Dematerialisation requests processed; securities listed on exchanges; certificates mutilated and cancelled; depository name substituted as registered owner.

Movement in Price

• No price-sensitive events or information; no extraordinary events occurred; will inform the Exchange if arising.