Shreenath Paper Products Ltd

Dematerialisation status

• Regulation 74(5) not applicable; the company's shares are fully in demat form.
• No dematerialisation/rematerialisation requests were received during the reporting quarter.

Overview

• Shreenath Paper Industries Private Limited was incorporated as an associate with 50% stake held by Shreenath Paper Products.

Parties

• Shreenath Paper Products Ltd subscribed to 50% of Shreenath Paper Industries Private Limited’s paid-up capital in cash.

Shareholding

• Shreenath Paper Products holds 50% of the associate's paid-up equity.

Key terms

• Shreenath Paper Industries Private Limited became an associate; related party status arises.
• Promoter group has no interest beyond shareholding; initial subscription not treated as RPT.
• Board composition/appointment rights not disclosed.
• Objects include manufacture and deal in paper, boards, and related products.
• No transfer restrictions disclosed.

Financial terms

• Cash consideration paid at face value for 50% stake.
• Authorized capital INR 10,00,000; Paid-up capital INR 10,00,000.
• Turnover not applicable; newly incorporated entity.
• Nature of consideration: cash.

Regulatory / Approvals

• No separate governmental approvals required for subscription.

Related party status

• Related party status arises from associate relationship.
• Transaction not treated as related party transaction at the time of incorporation.