Shree Rama Newsprint Limited (RAMANEWS)

Shree Rama Newsprint Limited submitted its quarterly Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026, pursuant to Regulation 76 of SEBI Regulations. The company's total issued and listed share capital remains unchanged at 14,75,22,032 equity shares of face value Rs. 10 each. Of the total equity, 88.56% is held via NSDL, 9.78% via CDSL, and 1.66% in physical form. There were no changes or corporate actions altering share capital during the quarter.

• Total issued and listed capital stands at 14,75,22,032 equity shares of Rs. 10 face value
• NSDL holds 13,06,41,002 shares representing 88.56% of total capital
• CDSL holds 1,44,25,528 shares representing 9.78% of total capital
• Physical holding represents 24,55,502 shares or 1.66% of total capital
• Nil changes in share capital (no rights, bonus, preferential issue, or buybacks) during the quarter

Shree Rama Newsprint Limited has issued the notice convening its 35th Annual General Meeting (AGM) on Friday, September 25, 2026, at 12:00 Noon IST via Video Conferencing. The meeting agenda includes the adoption of the Audited Financial Statements for FY26 and the re-appointment of Director Mr. Ganpatraj Chowdhary, who retires by rotation. The company has fixed Friday, September 18, 2026, as the record date for determining shareholder voting eligibility.

• 35th AGM scheduled for Friday, September 25, 2026, at 12:00 Noon via Video Conferencing
• Record date fixed as Friday, September 18, 2026, for AGM eligibility and voting
• Key agenda items include adoption of FY26 financial statements and director re-appointment

Shree Rama Newsprint has redeemed the second of three scheduled annual installments of Zero Coupon Debentures (ZCDs) totaling Rs 14.125 Cr. The payments were made to Bank of India (Rs 7.875 Cr) and Punjab National Bank (Rs 6.250 Cr) as per a Joint Lender Forum (JLF) approved plan. This redemption is significant as it represents approximately 43% of the company's TTM revenue of Rs 33 Cr. While it reduces debt, the company continues to operate with a negative net worth of Rs -82 Cr and persistent losses.

• Total redemption amount of Rs 14.125 Cr paid to two major lenders.
• Redeemed 78,750 debentures of Bank of India worth Rs 7.875 Cr.
• Redeemed 62,500 debentures of Punjab National Bank worth Rs 6.250 Cr.
• This is the 2nd of 3 equal annual installments commencing from the 10th year of issuance.
• Redemption follows the sanctioned terms of the Joint Lender Forum (JLF) approved plan.

Shareholders of Shree Rama Newsprint Limited (RAMANEWS) have approved the appointment of Mr. Alok Jain as an Independent Director through a special resolution. The resolution saw high participation with 75.69% of total shares voted, resulting in 99.98% approval. This governance update occurs while the company faces significant financial stress, including a negative net worth of ‡82 Cr and a TTM loss of ‡68 Cr. The company is currently attempting a turnaround by exiting its paper division to focus on packaged water bottles.

• Special resolution for the appointment of Mr. Alok Jain passed with 99.98% of votes in favor.
• Total voter turnout reached 75.69% of the 14.75 Cr total outstanding shares.
• Promoter group, holding 74.76% of the company, voted 100% in favor of the appointment.
• Public non-institutional participation was low, with only 3.99% of their shares (13.67 lakh) being voted.
• The resolution is deemed passed as of July 3, 2026, the final date of the remote e-voting period.

Shree Rama Newsprint Limited has announced the closure of its trading window for all designated persons and their relatives starting July 1, 2026. This action is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the release of financial results. The window will remain closed until 48 hours after the unaudited financial results for the quarter ended June 30, 2026, are declared. Investors should note that the company is currently in a turnaround phase with a negative net worth of Rs -82 Cr and TTM losses of Rs -68 Cr.

• Trading window closure effective from July 1, 2026.
• Closure pertains to the financial results for the quarter ended June 30, 2026.
• Window to remain closed until 48 hours after the public announcement of results.
• Restriction applies to all Designated Persons and their immediate relatives.

Shree Rama Newsprint Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Alok Jain as an Independent Director. The proposed appointment is for a first term of five consecutive years, effective from May 25, 2026, to May 24, 2031. Shareholders can exercise their voting rights through a remote e-voting facility provided by NSDL, with the voting window closing on July 3, 2026. This appointment follows the recommendation of the Nomination and Remuneration Committee to strengthen the board's independent oversight.

• Proposed appointment of Mr. Alok Jain (DIN: 06950769) as an Independent Director for a 5-year tenure.
• The appointment term is set from May 25, 2026, until May 24, 2031.
• Remote e-voting period commences on June 4, 2026 (9:00 AM) and ends on July 3, 2026 (5:00 PM).
• The cut-off date for determining shareholder eligibility for voting was May 29, 2026.
• The resolution is proposed as a Special Resolution, requiring a higher threshold of shareholder approval.

Mr. Harshadbhai Baldevbhai Patel has resigned from his position as a Non-Executive Independent Director of Shree Rama Newsprint Limited effective April 2, 2026. The resignation is attributed to personal reasons, with the director confirming there are no other material reasons for his departure. He holds no other directorships in listed entities, indicating a clean exit. The company will need to ensure board composition remains compliant with SEBI regulations following this cessation.

• Resignation of Mr. Harshadbhai Baldevbhai Patel as Independent Director effective April 2, 2026
• Departure is cited as being due to personal reasons with no material concerns raised
• The outgoing director holds zero other directorships or committee memberships in listed entities
• Compliance with Regulation 30 of SEBI Listing Regulations maintained through timely disclosure

Shree Rama Newsprint Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting April 1, 2026. This move is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's Q4 and full-year financial results. The window will remain closed until 48 hours after the audited financial results for the period ending March 31, 2026, are made public. This is a standard regulatory procedure for listed companies in India to prevent insider trading during the results finalization period.

• Trading window closure begins on April 1, 2026, for all designated persons.
• Closure is related to the Audited Financial Results for the Quarter and Year ended March 31, 2026.
• The window will reopen 48 hours after the official announcement of the financial results.

Shree Rama Newsprint Limited (RAMANEWS) has responded to a clarification request from the BSE and NSE regarding recent significant price movements in its shares. The company stated that it has disclosed all material information and events to the exchanges as per SEBI Regulation 30. Management confirmed there is no pending or undisclosed information that could impact the stock price. Consequently, the company attributes the recent volatility entirely to market-driven factors rather than internal developments.

• Exchange sought clarification on February 27, 2026, regarding significant price volatility.
• Company responded on February 28, 2026, denying any undisclosed material information.
• Management confirmed compliance with all necessary disclosures under SEBI LODR Regulations.
• The price movement is categorized by the company as purely market-driven.

Mr. Kanhaiyalal Chandak has ceased to be an Independent Director of Shree Rama Newsprint Limited effective February 8, 2026. This change occurs as he has completed his second and final term in the role, in compliance with corporate governance norms. The company has formally placed on record its appreciation for his contributions during his tenure. This is a scheduled transition and does not reflect any internal conflict or resignation.

• Independent Director Kanhaiyalal Chandak completed his second and final term on Feb 8, 2026.
• Cessation of directorship is effective from the close of business hours on the same date.
• The move is in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015.
• The company is now expected to fill the vacancy to maintain board independence ratios.