Orient Press will hold its 38th Annual General Meeting on Monday, September 28, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means in compliance with the Companies Act, 2013 and SEBI regulations.

The company dispatched the AGM notice along with the Annual Report for FY26 to members on September 4, 2026. Documents are available for inspection on the company website and stock exchange portals.

E-Voting Details

Shareholders can exercise their voting rights electronically. The remote e-voting facility is managed by Central Depository Services (India) Limited.

Only shareholders recorded in the register as of the cut-off date, Monday, September 21, 2026, are eligible to vote.

Shareholder Instructions

Members holding shares in physical mode must register their email addresses with the Registrar and Share Transfer Agent, MUFG Intime India Private Limited. Those with dematerialized holdings should update details with their respective Depository Participants.

Members who cast votes remotely before the meeting can still attend the AGM via video conference but cannot vote again on resolutions already decided.

Orient Press Limited will hold its 38th Annual General Meeting on September 28, 2026, at 11:30 am. The meeting, conducted via Video Conferencing or Other Audio Visual Means, seeks shareholder approval for the potential sale of its Tarapur factory and the re-appointment of key promoter directors.

Proposed Asset Disposal

The Board proposes to sell, transfer, or lease its factory located at Plot No. G-73, M.I.D.C. Tarapur Industrial Area, Boisar. The transaction requires a minimum consideration of ₹24 crore.

According to the explanatory statement, the Tarapur facility contributed only 5.26% of the company’s total turnover in FY26. However, funds deployed for its operations represented 29.72% of the company’s net worth. The Board argues that disposing of this asset will release capital to reduce interest burdens and mitigate losses. Operations from the Tarapur unit are proposed to be shifted to the company’s Greater Noida facility.

Director Re-appointments

Shareholders will vote on the re-appointment of three promoters as Whole-Time Directors for a three-year term starting in late 2026:

• Mr. Ramvilas Maheshwari: Re-appointed as Managing Director. Basic salary set at ₹1,04,650 per month with perquisites capped at ₹9,25,000 per annum.
• Mr. Rajaram Maheshwari: Re-appointed as Executive Director. Remuneration structure mirrors that of Mr. Ramvilas Maheshwari.
• Mr. Prakash Maheshwari: Re-appointed as Whole-Time Director. Basic salary set at ₹72,450 per month with perquisites capped at ₹6,90,000 per annum.

The company is currently incurring losses. Consequently, these remuneration packages are classified as minimum remuneration under Schedule V of the Companies Act, 2013. A special resolution is also required to approve remuneration exceeding 5% of net profits for these executive directors.

Additional Agenda Items

The AGM agenda includes the ratification of cost auditor remuneration for FY27. M/s Bhanwarlal Gurjar & Co., CMA, Surat, has been appointed as Cost Auditors for the financial year ending March 31, 2027. Their remuneration is set at ₹2,50,000 plus GST and reimbursement of out-of-pocket expenses.

Financial Context

The company reported a loss after tax of ₹117.33 lakh for FY26, an improvement from the ₹277.55 lakh loss recorded in FY25. Total income declined to ₹13,286.90 lakh in FY26 from ₹14,724.93 lakh in the previous year.

What the Numbers Show

The divergence between the Tarapur factory’s revenue contribution (5.26%) and its capital intensity (29.72% of net worth) highlights a significant asset inefficiency. The proposed sale aims to address this imbalance by freeing up trapped capital while consolidating operations into the more productive Greater Noida facility.