Ruchira Papers Ltd

AGM approvals: WTD continuations and CFO/ED re-appointment

• Continuation of Deepan Garg as WTD (Co-Chairman & Director Technical) from 01/10/2026 to 30/09/2027.
• Continuation of Ruchica Garg Kumar as WTD (Director Marketing) from 01/10/2026 to 30/09/2027.
• Continuation of Daljeet Singh Mandhan as WTD (Director Commercial) from 01/10/2026 to 30/09/2027.
• Vipin Gupta re-appointed as WTD (CFO & ED) 01/11/2026–31/10/2031; remuneration fixed.
• Vipin Gupta, 57, Commerce postgrad; WTD since 2011; associated since 1990; not related to directors.

AGM Details

• Date and time: 29 September 2026, 12:00 PM to 12:18 PM.
• Mode: Physical meeting at Hotel Black Mango, Himachal Pradesh.
• Record date: 22 September 2026.
• Last date for postal ballots: 29 September 2026.
• Total shareholders on record date: 28,034.

Key Resolutions

• Ordinary Resolution 1: Adopt audited financial statements and reports for FY ended 31 March 2026.
• Ordinary Resolution 2: Declare dividend of Rs 2.50 per equity share.
• Ordinary Resolution 3: Re-appoint Daljeet Singh Mandhan as Director, rotation.
• Ordinary Resolution 4: Re-appoint Vipin Gupta as Director, rotation.
• Ordinary Resolution 5: Ratify remuneration of Cost Auditor for FY 2026-27.
• Special Resolution 6: Approve managerial remuneration for Ruchica Garg Kumar for one year.
• Special Resolution 7: Approve managerial remuneration for Deepan Garg for one year.
• Special Resolution 8: Approve managerial remuneration for Daljeet Singh Mandhan for one year.
• Special Resolution 9: Re-appoint Vipin Gupta as WTD CFO & Executive Director for five years.

Voting Results

• All resolutions passed with requisite majority.
• Minor opposition votes observed across several resolutions.

Dividend

• Dividend of Rs 2.50 per equity share approved.

Director Changes

• Daljeet Singh Mandhan re-appointed as Director (rotation).
• Vipin Gupta re-appointed as Director (rotation).
• Ruchica Garg Kumar designated as Director - Marketing for remaining tenure.
• Deepan Garg designated as Co-Chairman & Director - Technical for remaining tenure.
• Daljeet Singh Mandhan designated as Director - Commercial for remaining tenure.
• Vipin Gupta designated as WTD CFO & Executive Director for five years.

Auditors

• Cost Auditor remuneration ratified for FY 2026-27.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• Remuneration approvals for multiple Directors under ordinary and special resolutions.

AGM details

• Date and time: 29 September 2026, 12:00 PM IST.
• Mode: physical AGM at Hotel Black Mango, Kala Amb, Himachal Pradesh.

Ordinary business resolutions

• Adopt audited financial statements for the year ended 31 March 2026.
• Re-appoint Daljeet Singh Mandhan as director by rotation.
• Re-appoint Vipin Gupta as director by rotation.
• Ratify remuneration of Cost Auditor for year ending 31 March 2027.

Special resolutions

• Approve Deepan Garg's managerial remuneration for remaining tenure as Co-Chairman & Tech Director.
• Approve Daljeet Singh Mandhan's managerial remuneration for remaining tenure as Director Commercial.
• Approve Vipin Gupta's re-appointment as CFO & Executive Director for five years with fixed remuneration.

Director changes

• Daljeet Singh Mandhan re-appointed as director by rotation.
• Vipin Gupta re-appointed as CFO & Executive Director for five years.

Ruchira Papers Limited: Trading Window Closed from 01st October 2026 till the expiry of 48 hours after the declaration of Un-Audited financial results of the Company for the quarter and half year ended 30th September 2026

Transaction summary

• Target Company: Ruchira Papers Limited.
• Disclosing Party: Shashi Garg (Promoter).
• Transaction Type: Acquisition by gift off-market to promoter-group recipients.
• Pre-Transaction Holding: 28,14,977 shares (9.43% VR).
• Transaction Details: Acquired 9,00,000 shares via off-market gift to Deepan/Atul/Lucky Garg (HUF) (3.01%).
• Post-Transaction Holding: 19,14,977 shares (6.42% voting rights).
• Date of transaction: 21 August 2026.
• Equity share capital before/after: Rs 298,449,850 comprising 29,844,985 shares.
• Total diluted share capital after: Rs 298,449,850.

Promoter gift within promoter group

• Off-market gift of 9,00,000 promoter shares transferred within promoter group.
• Recipients: Deepan Garg HUF, Atul Garg HUF, Lucky Garg HUF.
• Date of transfer: 21 August 2026.
• Post-transfer holdings: each donee holds 1.00%.
• Total promoter group stake remains 68.67% (20,495,196 shares).

AGM Details

• AGM date and time: 29 September 2026 at 12:00 PM (physical).
• Venue: Hotel Black Mango, Nahan Road, Kala-Amb, Himachal Pradesh.
• Record date for final dividend: 22 September 2026.
• Book closure: 23 September 2026 to 29 September 2026 (inclusive).
• Unaudited Q1 2026-27 results with Limited Review approved by Board.
• Notice includes Directors' Report, MD&A, and Corporate Governance for FY2025-26.

Key Resolutions

• Ordinary – Adoption of unaudited quarterly results with Limited Review Report.
• Ordinary – Re-appointment of Vipin Gupta as WTD and CFO for five years (Nov 2026–Oct 2031).
• Ordinary – Appointment of Scrutinizer for remote e-voting and AGM voting.
• Ordinary – Final dividend for FY2025-26 proposed, subject to AGM approval.

Dividends

• Final dividend proposed for FY2025-26.

Director Changes

• Vipin Gupta re-appointed as Whole-Time Director (CFO) for five years, subject to shareholders' approval.

Auditor & Scrutinizer

• Scrutinizer appointed for AGM voting: M/s Sanjay Kumar Garg & Co., Cost Accountants.

Financials

• Board approved unaudited quarterly results for the June 2026 quarter with Limited Review.