Orient Press Ltd

FD circular – key terms

• Subject: invitation and acceptance of fixed deposits from members under Companies Act provisions.
• Minimum fixed deposit: Rs 50,000; increments of Rs 10,000.
• Tenor options: 24 or 36 months; interest rate 9% p.a.
• Interest payable quarterly on 30 June, 30 September, 31 December, 31 March.
• Aggregate deposits held as at prior year-end: Rs 12,232.19 Lakhs.
• Proposed deposits to raise: Rs 638.80 Lakhs; repayable within 12 months: Rs 800 Lakhs.
• Credit rating: CARE BB; Stable.
• Deposits are unsecured and rank pari-passu with other unsecured liabilities.
• Deposits will not be renewed on maturity.
• Board approved invitation on 25-08-2026; General Meeting authorized deposits on 25-09-2023.

AGM details

• AGM held 28 September 2026 at 11:30 AM via VC/OAVM.

Resolutions and outcomes

• Adoption of financial statements for year ended 31 March; ordinary resolution; passed unanimously.
• Director appointment by rotation: Raiaram Maheshwari; ordinary resolution; passed unanimously.
• Remuneration ratification for Cost Auditors FY ended 31 March 2027; ordinary resolution; passed.
• Re-appointment of Ramvilas Maheshwari as Independent Director; special resolution; passed.
• Re-appointment of Raiaram Maheshwari as Whole-Time Director; special resolution; passed.
• Re-appointment of Prakash Maheshwari as Whole-Time Director; ordinary resolution; passed.
• Remuneration to Executive Directors who are Promoters above 5% of net profits; special resolution; passed.
• Sale of land and building at MIDC Tarapur; special resolution; passed unanimously.

AGM Details

• AGM held on 28 Sep 2026 at 11:30 AM via VC/OAVM.

Resolutions

• Ordinary: Adoption of Audited financial statements for FY 2025-26.
• Ordinary: Re-appointment of Rajaram Maheshwari by rotation.
• Special: Ratification of cost auditors' remuneration for FY 2027.
• Special: Reappointment of Ramvilas Maheshwari as Managing Director.
• Special: Reappointment of RajaramMaheshwari as Whole-Time Director (Executive).
• Ordinary: Reappointment of Prakash Maheshwari as Whole-Time Director.
• Special: Approval of remuneration to Executive Directors who are promoters at 5% of net profits.
• Special: Sale/transfer/lease of land and buildings at Tarapur factory.

Voting Status

• Voting results pending; to be filed separately after Scrutinizer Report.

Directors / Management Changes

• Ramvilas Maheshwari reappointed as Managing Director.
• Rajaram Maheshwari reappointed as Whole-Time Director (Executive).
• Prakash Maheshwari reappointed as Whole-Time Director.

Auditors & Reports

• Statutory Auditors' report unqualified; no remarks.

Orient Press Ltd: Trading window closed from 1 October 2026 until the completion of 48 hours after the declaration of Un-audited financial results for the quarter ended 30 September 2026; trading window shall open after 48 hours of declaration of the said results.

Board decision

• Board approved sale/ disposal of Boisar factory, subject to shareholders' approval at forthcoming AGM.
• Proceeds to be used for working capital, expansion, general purposes, and/or repayment of partial bank limits.
• Completion is expected within six months from shareholder approval.
• Agreement for sale to be entered after shareholder approval.
• Buyer will not be promoter or promoter group.
• Not a related party transaction.
• Not a slump sale; not within Scheme of Arrangement.
• Earlier relocation of Tarapur G-73 factory to Kasna, Greater Noida, effective June 2026.

Unit sale metrics and terms

• Unit net worth as of 31 March 2026: Rs 1917.61 Lakhs (29.72% of company net worth).
• Unit turnover for FY2025-26: Rs 673.39 Lakhs (5.26% of consolidated turnover).
• Consideration expected not less than Rs 24 Crores.
• Buyer will not be promoter or promoter group.
• Transaction not a related party transaction.
• Not a slump sale; not outside Scheme of Arrangement.

Financial highlights

• Revenue from operations (standalone): ₹2,152.77 lakh for quarter ended 30.06.2026.
• Total income: ₹2,255.27 lakh; Total expenses: ₹2,425.29 lakh.
• Profit before tax: ₹(170.02) lakh; Tax expense: ₹(44.76) lakh.
• Profit for the period: ₹(125.26) lakh; Other comprehensive income: ₹(0.38) lakh.
• Total comprehensive income: ₹(125.54) lakh; EPS (basic and diluted): ₹(1.25).
• Segment revenues: Printing ₹414.16 lakh; Flexible Packaging ₹1,169.25 lakh; Paper Board Packaging ₹565.11 lakh; Others ₹4.38 lakh.
• Inter-segment revenue: ₹0.13 lakh; Net revenue from operations: ₹2,152.77 lakh.
• Segment pretax profits: Printing ₹116.47 lakh; Flexible Packaging ₹(193.61) lakh; Paper Board Packaging ₹38.70 lakh; Others ₹(7.65) lakh.

Governance actions

• Board approved appointment of cost auditors M/s Bhanwarlal Gurjar & Co., for FY 2026-27.
• Appointment approved at Aug 11, 2026 board meeting; subject to shareholders' approval.
• Ramvilas Maheshwari re-appointed as Managing Director for three years from 01 Oct 2026.
• Rajaram Maheshwari re-appointed as Executive Director for three years from 01 Oct 2026.
• Prakash Maheshwari re-appointed as Whole-time Director for three years from 01 Nov 2026.
• Circular for fixed deposits to be sent to members.

Audit & notes

• Results have been reviewed by Audit Committee and approved by Board on 11 Aug 2026.
• Statutory auditors M/s Sarda & Pareek LLP performed limited review; no qualification noted.
• March 31, 2026 figures are balancing figures between audited FY2026 and prior year-Q3 figures.

Meeting context

• Board Meeting filing for Orient Press Ltd (526325) is the subject of this document.

Management change

• Kamal Kumar Sharma, Accounts Manager (Senior Management), retires effective 74th July 2026.