Anuroop Packaging Limited has scheduled a meeting of its Board of Directors on May 30, 2026, to approve the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The meeting will be held pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The Board will consider the financial statements for the period, following which the company will intimate the results to the exchanges and arrange for a press announcement as required under the Listing Regulations. The approval of these results is the primary agenda item for the upcoming meeting.

In conjunction with the board meeting, the company has disclosed the status of the trading window for its equity shares. As per the Code of Conduct for the prevention of Insider Trading, read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window was closed from April 01, 2026. This window is scheduled to reopen 48 hours after the financial results are made public on May 30, 2026.

The intimation was addressed to the Department of Corporate Services at BSE Limited and signed by Akash Amarnath Sharma, Managing Director of Anuroop Packaging Limited. The company's registered office is located in Palghar, and its corporate office operates out of Mumbai.

Key Meeting Details

Anuroop Packaging Limited's Board of Directors has approved the forfeiture of warrants issued on preferential basis that remained unexercised beyond the prescribed timeline. The board meeting held on April 16, 2026, addressed the non-exercise of conversion options by warrant holders within the mandatory 18-month period as per SEBI regulations.

Warrant Forfeiture Details

The company forfeited a total of 12,35,000 warrants across five allottees, comprising both promoter and non-promoter categories. All warrants were issued at ₹40.00 per warrant, with 25% consideration paid upfront at the time of allotment as required under Regulation 169(2) of SEBI ICDR Regulations.

Regulatory Compliance Framework

The forfeiture action aligns with multiple SEBI regulatory provisions governing warrant issuances. Under Regulation 169(2) of ICDR Regulations, companies must collect at least 25% consideration upfront during warrant allotment. Regulation 169(3) mandates that balance consideration payment and warrant exercise must occur within 18 months from allotment date. Regulation 159(2) specifically addresses forfeiture consequences when warrant holders fail to exercise conversion options within stipulated timelines.

Financial and Corporate Impact

The forfeiture results in no change to the company's paid-up share capital since the warrants were never converted to equity shares. The ₹1,24,00,000 in forfeited upfront payments will be retained by the company and credited to Capital Reserve. This development also reduces potential equity dilution that would have occurred if the warrants were exercised.

Regulatory Restrictions

Promoted entities affected by warrant forfeiture face participation restrictions in future preferential issues. The concerned promoter and promoter group entities become ineligible to participate in any preferential issue of specified securities for one year from either the warrant tenure expiry date due to non-exercise or the cancellation date, as applicable.

Meeting Details

The Board of Directors meeting commenced at 03:30 P.M. and concluded at 04:30 P.M. on April 16, 2026. The decision was made pursuant to Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015, and in accordance with Regulation 159(2), 169(2), and 169(3) of SEBI ICDR Regulations, 2018.