Shree Ajit Pulp And Paper Ltd

Dematerialisation processing and owner update

• Dematerialisation requests for quarter ended 30 Sep 2026 were confirmed to depositories (accepted/rejected).
• Securities dematerialised have been listed on the exchanges where earlier issues are listed.
• Physical certificates dematerialised were mutilated and cancelled after verification; depository name updated as owner within timelines.

AGM Details

• Date/time: 30 Sept 2026, 11:00 AM IST, via VC/OAVM.
• Chair: Gautam D. Shah chaired the meeting.
• Quorum present; duration 11:04 AM to 11:26 AM.

Resolutions

• Adoption of Audited Financial Statements (standalone & consolidated) for year ended 31 March 2026 – Ordinary.
• Re-appointment of Bela Shah as Director retiring by rotation – Ordinary.
• Appointment of Nishtha Harivanshi Pamnani as Independent Director – Ordinary.

Voting Status

• Voting results to be furnished separately.

Director Changes

• Bela Shah re-appointed as Director (retiring by rotation).
• Nishtha Harivanshi Pamnani appointed as Independent Director.

Auditor Attendance

• Statutory Auditor attended as invitee.

Shree Ajit Pulp And Paper Limited — Closure of Trading Window from 1st October, 2026 till the end of 48 hours after the declaration of financial results for the quarter and half year ended on 30th September, 2026.

Financial highlights

• Revenue from operations: Rs 70,093.79 lakh (consolidated) for FY2025-26.
• Net profit after tax: Rs 3,004.95 lakh (consolidated).
• EPS (consolidated): Rs 36.08.
• PBT: Rs 4,220.88 lakh.
• PAT margin: 4.28%.
• Dividend: not declared for FY2025-26.

Capital structure & liquidity

• Gross debt: Rs 25,634.36 lakh; net debt Rs 24,837.29 lakh.
• Net debt to equity: 0.89x.
• Cash and cash equivalents: Rs 113.98 lakh.
• Net cash from operating activities: Rs 6,272.94 lakh.
• Term loans: current Rs 5,340.70; non-current Rs 20,293.66.

Operations & capacity

• Installed capacity: 2,46,000 MT/year for multilayer/testliner.
• Unit II expansion continued; tech upgradation ongoing.
• Wind power capacity: 2.75 MW captive.
• Two production units with energy-efficiency initiatives.

Governance & board changes

• Nishtha Harivanshi Pamnani appointed Independent Director for five years.
• Board meetings held: 8; Audit Committee: 6; NRC: 3; CSR: 1.
• Independent Directors' meeting held on 17 Feb 2026.

Audit, risk & controls

• Statutory auditor: G. B. Laddha & Co. LLP; no qualifications.
• Secretarial auditor: Shilpi Thapar & Associates; no qualifications.
• Internal controls: adequate; no material weaknesses.
• Related-party transactions: none material; policy on website.

CSR & ESG

• CSR spend: Rs 23.03 lakh; required approx Rs 22.95 lakh.
• CSR committee: three directors; policy on company website.
• Impact areas: healthcare, education, environment.

AGM Details

• 31st AGM on 30 September 2026 at 11:00 AM via VC/OAVM; no physical attendance.

Record Date for AGM

• Record date set for 31st AGM to determine voting eligibility.
• Register of Members and Transfer Books closed Sept 23–30, 2026 for AGM.
• AGM date/time: Sept 30, 2026 at 11:00 IST via VC/OAVM.

Book closure and AGM details

• Book closure: 23 Sep 2026 to 30 Sep 2026 (inclusive) for AGM.
• AGM date/time: 30 Sep 2026, 11:00 IST, via VC/OAVM.
• Record date for AGM eligibility: 22 September 2026.
• Security: Equity shares.