Shree Rajeshwaranand Paper Mills Ltd

AGM Details

• Date and time: 26 September 2026 at 12:00 Noon.
• Mode: VC/OAVM facility.
• Book closure: Not applicable.
• Shareholders on record: 3,266.
• Attendance: 30 attendees via video conference.

Resolutions and voting

• Resolution 1: Adoption of annual accounts for year ended 31 March 2026.
• Voting: 574,715 in favour, 0 against; 100% of votes polled.
• Resolution 2: Re-appointment of director by rotation with 100% assent.
• Resolution 3: Appointment of H. L. Saini & Co. as statutory auditors; 100% assent.

Dividend

• Dividend: No dividend proposed or approved.

AGM Details

• 35th AGM held on 26 September 2026 at 12:00 via VC/OAVM; concluded at 12:10.
• Remote e-voting window ran 23–25 September 2026.
• Scrutinizer: Riddhi Shah, Practising Company Secretary.

Resolutions

• Adoption of annual accounts and reports for the financial year ended 31 March 2026 — Ordinary Resolution.
• Re-appointment of director by rotation — Ordinary Resolution.
• Appointment of statutory auditors in casual vacancy — Ordinary Resolution.

Voting Results

• All resolutions passed with requisite majority via remote and venue voting.

Director Changes

• Director retirement by rotation and re-appointment approved.

Auditor Appointments

• Statutory auditors appointed in casual vacancy.

agm details

• Date and time: 26 September 2026 at 11:00 a.m., via VC/OAVM.
• Book closure date: NA.
• Shareholders on record: 3,266.
• Attendees via VC: 30 shareholders present.

resolutions put to vote

• Resolution 1: Ordinary — Adoption of annual accounts and reports for year ended 31 March 2025.
• Resolution 2: Ordinary — Re-appointment of Piyush Mundra by rotation.
• Resolution 3: Special — Appointment of Ankit Kumar Soni as Non-Executive/Independent Director.
• Resolution 4: Special — Appointment of Riddhi Shah as Secretarial Auditor.

voting outcomes

• All resolutions passed; 100% assent on votes polled; no dissent.
• Total votes polled: 574,855 of 657,429 outstanding (87.44%).

dividend

• Dividend: no dividend proposed or declared.

director changes

• Mundra re-appointed as director by rotation.
• Ankit Kumar Soni appointed as Non-Executive/Independent Director.

auditor appointments

• Secretarial auditor appointed: Ms. Riddhi Shah, practicing company secretary.

AGM Details

• Date: late September 2026.
• Time: started around 11:10 a.m.; concluded around 11:22 a.m.
• Mode: VC/OAVM.
• Remote e-voting window ran from Sep 23-25, 2026.
• Scrutinizer appointed for voting.
• Resolutions passed with requisite majority.

Resolutions

• Adoption of annual accounts and reports for the financial year.
• Ordinary resolution: reappointment of director by rotation.
• Special resolution: appointment of non-executive/independent director.
• Special resolution: appointment of secretarial auditor.

Voting Results

• Adoption of annual accounts and reports: passed.
• Reappointment of director by rotation: passed.
• Appointment of non-executive/independent director: passed.
• Appointment of secretarial auditor: passed.

Director Changes

• Director by rotation reappointed.
• Non-executive/independent director appointed.

Auditors

• Secretarial auditor appointed.
• Tenure and remuneration not disclosed.

Key preferential issue details

• Purpose: equity infusion/restructuring via preferential allotment.
• Security: 1,200,000 equity shares of Rs 10 each.
• Aggregate amount: Rs 12 crore.
• Issue price: Rs 10 per share.
• Payment terms: upfront cash at issue.
• Total post-issue equity: approx 94.81%.
• Proposed allottees categories: Promoter, Promoter Group, Public.
• Pratik Kakadia post-issue: 55.27%.
• Ramjibhai Kakadiya post-issue: 31.18%.
• Hetal Kakadiya post-issue: 4.29%.
• Shardaben Kakadiya post-issue: 3.95%.
• Approvals sought: in-principle listing approval from BSE.
• Board approved revised allottees names for the preferential issue.
• Issuance linked to equity infusion/restructuring approved on 10 Jul 2025.
• Annexure I lists names and post-issue percentages of major allottees.
• Total shares issued: 1.2 million; aggregate amount Rs 12 crore.

Auditor changes

• Resignation of K P J & Co. as Statutory Auditors effective 01/09/2026.
• Appointed M/s. H. L. SAINI & Co. as Statutory Auditors from 01/09/2026 due to casual vacancy.
• Term until the ensuing AGM; regularisation proposed at the AGM for FY 2026-27.

NCLT order and AGM extension

• NCLT Ahmedabad, Aug 27, 2026, allowed one-month extension to hold AGM.
• Extension enables AGM for FY 2024-25 and 2025-26.

AGM notices

• Draft AGM notices for 2024-25 and 2025-26 approved; to be submitted to BSE.

Capital raise via preferential allotment

• Board approves issue of 1,20,00,000 equity shares at Rs 10 each.
• Aggregate value Rs 12 crore; allocations to specified allottees per Annexure-I.
• Post-allotment public shareholding to exceed 5%.
• Final post-allotment pattern: existing holders 5%, RA/Affiliate 95%.
• Listing: in-principle approval application to BSE; officers authorized.
• Capital infusion aligns with approved Resolution Plan dated 10 July 2025.
• Annexure-I details per-allottee allocations totaling Rs 12 crore.

Financial results approved

• Standalone unaudited Q1 FY2026-27 results approved for quarter ended 30 June 2026.
• Limited Review Report received from statutory auditors.
• Results prepared under Ind AS; prior period figures regrouped where needed.
• Profit after tax and total comprehensive income: Rs -4.77 lakh; total income Rs 0.03 lakh.

Resolution plan & regulatory actions

• Resolution Plan: share capital reduction and allotment in process.
• RP paid creditors per plan; No Dues Certificates issued by SBI/BoI.
• Audit classification: unmodified opinion for FY ended 30 June 2026.