Shree Rama Multi-Tech Ltd

Shree Rama Multi-Tech Ltd – Trading Window Closure (routine)

AGM details

• Date/time: 25 Sep 2026, 11:00–11:38 AM; mode: VC/OAVM
• Record date: 18 Sep 2026

Key resolutions

• Resolution 1 (Ord): Adopt audited financial statements and reports; passed
• Resolution 2 (Ord): Re-appoint Vandana C. Patel; passed with minor opposition
• Resolution 3 (Ord): Re-appoint Hemal R. Shah as Whole-Time Director for 3 years
• Resolution 4 (Ord): Ratify cost auditor remuneration for FY 2026-27

Voting results highlights

• Resolution 1: 100% in favour; no opposing votes
• Resolution 2: Passed; small opposition from 2 members (1698 shares)
• Resolution 3: Passed; 0.41% against (1720 shares)
• Resolution 4: Passed; no votes against

Dividend

• No dividend proposed or declared

Director changes

• Vandana C. Patel re-appointed; retire by rotation
• Hemal R. Shah reappointed as Whole-Time Director for 3 years from Nov 27, 2026

Auditors

• Cost Auditors' remuneration for FY 2026-27 ratified

Material related party transactions

• No material RPTs approved

Other material approvals

• No other material approvals reported

No substantive AGM details

• Content contains only signatures and page headers; no resolutions or outcomes present.

Capacity Expansion Update

• Company commenced commercial production of tubes from the new Tubing Machine at Moti-Bhoyan plant from 21 September 2026.
• Existing capacity is 7.70 crore tubes per month.
• Proposed capacity addition of 1.15 crore tubes per month.
• Period within which capacity is added: third quarter of FY 2026-27.
• Investment required: Rs 20 crore; funding via internal accruals.
• Rationale: expansion to capitalize on strong demand.
• Expected to boost topline and bottomline in coming years.

AGM notice and access details

• 32nd AGM scheduled for 25 Sep 2026 at 11:00 IST via VC/OAVM.
• Electronic AGM notice and FY2025-26 annual report sent to registered email addresses.
• Shareholders without registered emails receive web links and QR codes to access notices.
• Weblink and QR codes provided to access AGM notice and annual report.
• Annual report and notice also available on BSE/NSE websites.
• Shareholders can update email, communication, bank, or nomination details via RTA.
• AGM conducted in compliance with Companies Act 2013 and MCA circulars.
• Notice accompanying AGM includes date, time, and access paths.
• Filing date August 26, 2026.

Financial performance

• Revenue from operations rose 15.32% to ₹23967.74 lakh.
• EBITDA ₹4425.10 lakh, up 38.37% YoY.
• Profit before tax ₹3359.71 lakh; up from ₹2183.80 lakh.
• Profit after tax ₹2476.23 lakh; down from ₹5134.57 lakh.
• Basic EPS ₹1.77; diluted ₹1.77.
• Total income ₹24346.78 lakh.
• Dividend not recommended for FY2025-26.
• Net cash from operating activities ₹3244.15 lakh.

Operational highlights

• Tubes production up 20% versus last year.
• Laminated tubes and laminates strong in domestic/export markets.
• ISO 9001:2015 and ISO 15378:2017 recertified during year.
• Major product Laminated Tubes serving oral care, pharma, cosmetics, FMCG.
• Capacity utilization improved; emphasis on value-added products.

Capital structure & dividends

• Paid-up equity capital ₹6,673.40 lakh; 13,34,68,005 shares.
• No differential voting rights or stock options issued.
• Dividend declared: none for the year.
• No material changes in share capital during the year.

Debt & liquidity

• Total borrowings declined to ₹2,192.46 lakh; net debt ₹1,333.11 lakh; gearing 6.98%.
• Cash & cash equivalents ₹859.35 lakh; improved from ₹63.32 lakh.
• Cash flow from operations ₹3,244.15 lakh; investing and financing outflows explained in cash flow.
• Overdraft facility not outstanding; liquidity position strengthened.

Governance & board changes

• Board of six; two executive, four non-executive including two independents.
• Anuj J. Desai appointed Independent Director 30-04-2025; NRC chair from 08-02-2026.
• Mittal K. Patel re-designated as Non-Executive Independent Director 30-04-2025 to 29-04-2030.
• Shalin S. Patel ceased Independent Director 08-02-2026; became Non-Executive Non-Independent.
• Audit Committee: 4 meetings; NRC: 5 meetings; Stakeholders: 4 meetings.
• Statutory Auditor: Mahendra N. Shah & Co; Secretarial Auditor: Chirag Shah & Associates.

CSR & ESG

• CSR policy disclosed on srmtl.com; CSR spend ₹25.00 lakh.
• 2% of average net profit ₹24.95 lakh; shortfall ₹0.04 lakh.
• CSR activities focus on education, healthcare, safety, environment; policy on SRMTL website.

Risks & outlook

• Packaging industry remains competitive; raw material price volatility poses risk.
• Geopolitical tensions and energy costs could affect input costs.
• Regulatory changes and sustainability mandates may impact costs and mix.

Geography & customers

• Geographic mix: India ₹19,424.85 lakh; Europe ₹1,241.78; Asia ₹1,521.73; Africa ₹1,480.22; North America ₹147.88.
• One reputed customer accounts for >10% of revenue; two customers exceed 10% receivables.
• Prominent presence in export markets supports growth trajectory.

Financial results approved

• Unaudited standalone quarterly results for quarter ended 30 June 2026 approved; reviewed by Audit Committee.

Preference share redemption extension

• Redemption terms for 7,66,666 15% CRPs extended by five years.

Director appointment

• Re-appointment of Hemal R. Shah as WTD for three years from 27 November 2026, subject to member approval.

AGM/ voting and AGM timing

• AGM cut-off date for voting: Sep 18, 2026; e-voting: Sep 22–24; AGM: Sep 25, 2026 via VC/OAVM.

Auditor remarks on consolidation

• Auditor's review notes non-consolidation of Shree Rama Mauritius Limited; qualified conclusion.

Subsidiary investment and consolidation status

• Investment in Shree Rama (Mauritius) Limited; WOS defunct; provision for diminution; consolidated results not prepared.

Regulatory disclosures on director eligibility

• Hemal R. Shah not debarred from director role per SEBI/exchange circulars.
• Annexure-A attached detailing Hemal Shah's appointment, term, and qualifications.

Meeting Details

Key Agenda Items

Other Notes