Sundaram Multi Pap Ltd

AGM Details

• Date: 29 September 2026; mode: VC/OAVM; deemed venue: registered office.
• Start time 11:30 AM; end time 12:09 PM.

Key Resolutions

• Adopt audited standalone financial statements for FY 2025-26; ordinary resolution; outcome not disclosed.
• Re-appointment by rotation of Shantilal P. Shah; ordinary resolution; outcome not disclosed.
• Re-appointment of Amrut P. Shah as MD for 3 years; special resolution; outcome not disclosed.
• Re-appointment of Shantilal P. Shah as Whole-Time Director for 3 years; special resolution; outcome not disclosed.
• Re-appointment of Krunal S. Shah as Whole-Time Director for 3 years; special resolution; outcome not disclosed.
• Re-appoint Jyoti Gala as Woman Independent Director for second term of five years; special resolution; outcome not disclosed.
• Re-appointment of Mahesh D. Bhanushali as Independent Director for second term of five years; special resolution; outcome not disclosed.
• Voting: Scrutinizer appointed; final results to be reported in Scrutinizer's report.

Sundaram Multi Pap Limited: Trading window closed from Oct 01, 2026 till 48 hours after declaration of Unaudited Standalone Financial Results for the quarter and half year ended Sep 30, 2026.

AGM & book-closure details

• 32nd AGM to be held on 29 September 2026 at 11:30 A.M. via VC/OAVM.
• Book closure from 23 September 2026 to 29 September 2026.
• Cut-off date for e-voting eligibility is 22 September 2026.
• E-voting period runs 26–28 September 2026.

AGM Details

• Date/time/mode: Sep 29, 2026 at 11:30 IST via VC/OAVM.
• Venue deemed registered office; no physical attendance.
• Book Closure: Sep 23–29, 2026.
• Cut-off for participation: Sep 22, 2026; remote voting Sep 26–28, 2026.
• E-voting via NSDL; join AGM via VC/OAVM.

Resolutions

• Item 1 (Ord): Adopt Audited Standalone Financial Statement; MD term 2027–2030; remuneration within Schedule V.
• Item 3 (Special): Re-appoint Amrut P Shah as MD for 2027–2030; remuneration within limits.
• Item 4 (Special): Re-appoint Shantilal P Shah as Whole-Time Director for 2027–2030; remuneration up to Rs 75 Lakh.
• Item 5 (Special): Re-appoint Krunal S Shah as Whole-Time Director for 2027–2030; remuneration up to Rs 75 Lakh.
• Item 6 (Special): Re-appoint Jyoti Gala as Woman Independent Director for 2027–2032.
• Item 7 (Special): Re-appoint Mahesh D. Bhanushali as Independent Director for 2027–2032.

Proposed Director Appointments

• Amrut P. Shah: MD; 3-year term from 2027; remuneration up to Rs 75 Lakh p.a.
• Shantilal P. Shah: Whole-Time Director; 3-year term from 2027; remuneration up to Rs 75 Lakh.
• Krunal S. Shah: Whole-Time Director; 3-year term from 2027; remuneration up to Rs 75 Lakh.
• Jyoti C. Gala: Woman Independent Director; 5-year term 2027–2032; not liable to rotation.
• Mahesh D. Bhanushali: Independent Director; 5-year term 2027–2032; not liable to rotation.

Financials at a glance

• FY2025-26 revenue from operations: 13,711.25 Lakhs.
• Total income: 13,920.38 Lakhs.
• PAT: 317.95 Lakhs; EPS: 0.07.
• EBITDA: 836.38 Lakhs; EBITDA margin: 6.01%.
• Net worth: 9,069.21 Lakhs; Debt/Equity: 0.42; ROCE: 4.08%.
• Current borrowings: 1,716.37; Non-current borrowings: 285.37 Lakhs.
• Total debt: 2,001.74 Lakhs; Net debt to equity: 18.08%.
• Dividend not declared for FY2025-26.
• Plant capacity: 60 tons/day; utilization: 75%.
• Employees: 476; PAN-India expansion across India.
• Segments: Paper Stationery; Digital Education (E-Class).
• Two segments with 250+ products and 15,000 dealers.
• Outlook: positive growth; focus on digital education platforms.

Business & segments

• Two segments: Paper Stationery and Digital Education (E-Class).
• PAN-India expansion with broad distribution.
• E-Class and Edzam digital platforms expanding curriculum-aligned content.
• Domestic Sundaram brand with 15,000 dealers; 250+ products.
• Palghar plant provides integrated manufacturing capacity; 60 TPD; 75% utilization.
• E-Class and Edzam scalable digital learning solutions.

Capital structure & liquidity

• Equity capital: 4,738.78 Lakhs; Reserves: 4,330.43; Net worth: 9,069.21.
• Total debt: 2,001.74 Lakhs; Net debt to equity: 18.08%.
• Current borrowings: 1,716.37; Non-current borrowings: 285.37.
• Cash & cash equivalents: 8.08; Bank balances: 11.98.
• Total liquidity balance around 20.06 Lakhs.

Governance & risk

• Board of 6 directors; 3 independent; 1 woman independent.
• FY2025-26: 7 board meetings; Audit Committee has 3 independent directors; six meetings.
• No material related party transactions; arm's length.
• Statutory and secretarial audits: no qualifications; internal controls adequate.
• Whistleblower policy; POSH compliance; risk management policy in place.

Audits & controls

• Statutory Auditor: Ashok Shyam & Associates; Secretarial Auditor: GR Shah & Associates.
• Internal audit: FA Ansari; 2026-27: RI Jain & Co.
• No fraud reported; internal controls robust; Ind AS statements prepared.
• Audit reports unmodified; no qualifications noted.

Remuneration & governance

• Remuneration last drawn: 42 Lakh p.a. for MD and two WTDs in FY25-26.
• Proposed remuneration up to 75 Lakh p.a. for MD and two WTDs (2027-30).
• Notice period: 3 months for MD; 1 month for WTD.
• Directors' relationships: Amrut Shah is brother of Shantilal Shah; Krunal is son of Shantilal.
• Board diversity; independent directors meet criteria per SEBI LODR.

Outlook & strategic developments

• Outlook: positive growth in education sector; digital learning expansion.
• Strategic priorities: strengthen core, expand product portfolio, scale E-Class.
• Withdrawn: preferential issue to Sundaram Land & Assets Pvt Ltd; no current M&A.
• CSR policy in place; CSR expenditure not required for FY25-26.

Recent material events

• 32nd AGM scheduled Sept 29, 2026; VC/OAVM; remote e-voting.
• Notice includes items 3-7: MD and director re-appointments.
• Green initiatives: e-Annual Report; dematerialization drive ongoing.

Financial results and auditor status

• Unaudited standalone results for quarter ended 30-06-2026 approved with Limited Review Report.
• Consolidated results not applicable as there is no subsidiary or associate.
• Results reviewed by Audit Committee and Board; statutory auditors performed limited review.
• Single business segment; segment reporting not applicable.

Appointments and AGM-related approvals

• Amrut P. Shah re-appointed as MD for 3 years from Apr 1, 2027 to Mar 31, 2030.
• Shantilal P. Shah re-appointed as Whole-Time Director for 3 years Apr 1, 2027 to Mar 31, 2030.
• Krunal S. Shah re-appointed as Whole-Time Director for 3 years Apr 1, 2027 to Mar 31, 2030.
• Jyoti C. Gala re-appointed as Women Independent Director for 5 years Jun 27, 2027 to Jun 26, 2032.
• Mahesh D. Bhanushali re-appointed as Independent Director for 5 years Jun 27, 2027 to Jun 26, 2032.
• Notice of 32nd AGM and Directors Report for FY2025-26; AGM on Sep 29, 2026 via VC/OAVM.
• R/M and Share Transfer Books closed Sep 23-29, 2026; EVoting Sep 26-28; cut-off Sep 22.
• Scrutinizer appointed: M/s G R Shah and Associates for AGM.

Meeting Details

• Date: August 13, 2026
• Time: 3:30 PM
• Location: Registered office, 5/6 Papa Industrial Estate, Suren Road, Andheri East, Mumbai 400093

Key Agenda Items

• Unaudited standalone financial results for quarter ended June 30, 2026 with Limited Review Report.

Other Notes

• No additional material notes disclosed.