Indo Rama Synthetics promoter Urmila Lohia purchased 4,14,796 equity shares in the company through open market transactions on September 8 and 9, 2026.

The acquisition was disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The trades were executed on the National Stock Exchange of India Limited (NSE).

Transaction Details

Lohia completed the purchase in two tranches over consecutive days. The first transaction involved 2,17,137 shares valued at ₹1,60,96,417, executed on September 8, 2026. The second tranche consisted of 1,97,659 shares valued at ₹1,52,97,171, executed on September 9, 2026.

Holding Pattern

Prior to these acquisitions, Lohia held 5,42,09,930 equity shares, representing 20.76% of the company’s share capital. Following the purchases, her total holding increased to 5,46,24,726 shares.

The disclosure was submitted by Ashok Yadav, Company Secretary and Compliance Officer, on September 10, 2026. No derivative trading activity was reported for this period.

Indo Rama Synthetics (India) Limited shareholders approved all eight resolutions placed before them at the company's 40th Annual General Meeting. The meeting concluded on September 8, 2026, with a total voting participation of 81.34% of outstanding shares.

The AGM was conducted via Video Conferencing and Other Audio-Visual Means, commencing at 11:30 am and ending at 12:27 pm. Om Prakash Lohia, Chairman and Managing Director, chaired the session. The deemed venue remained the registered office in Nagpur, Maharashtra. All Board members, key managerial personnel, and auditor representatives were present throughout the proceedings.

Resolutions approved

The following eight resolutions were put to vote, with all receiving the requisite majority:

Voting details

Remote e-voting was open from September 5, 2026, at 9:00 am to September 7, 2026, at 5:00 pm on the National Securities Depository Limited platform. Members attending the AGM who had not voted remotely were given an additional 15-minute window during the meeting. CS Jaya Yadav served as the Scrutinizer.

Out of 26,453 shareholders on the record date of September 1, 2026, a total of 212,379,686 votes were polled out of 261,113,151 shares held. Promoter group participation was near-universal, with 99.66% of their shares cast. Public non-institutional shareholders accounted for 27.90% participation, while public institutional participation stood at 2.36%.

All resolutions were passed with overwhelming support. Resolution 1(a) and 1(b), concerning the adoption of financial statements, received 100% affirmative votes. The re-appointment of Vishal Lohia (Resolution 2) saw 99.97% support, with minimal dissent from public institutional voters. The special resolution to re-appoint Om Prakash Lohia as CMD (Resolution 3) received 99.99% approval.

The appointment of new independent directors Ambika Sharma and Atim Kabra also secured strong backing. Resolution 5 received 99.97% support, while Resolution 6 garnered virtually unanimous approval with only two dissenting votes. The ratification of the Cost Auditor's remuneration and the approval of material related party transactions with TPT Petrochemicals Public Co. Limited, Thailand, both passed with over 99.99% affirmative votes.