Raama Paper Mills board to meet on May 30 for FY26 results

1 min read     Updated on 25 May 2026, 12:33 PM
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AI Summary

Raama Paper Mills Limited will hold a board meeting on May 30, 2026, to approve audited financial results for the year ended March 31, 2026. The trading window remains closed until 48 hours after the results announcement.

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Raama Paper Mills Limited has announced that its Board of Directors will meet on Saturday, May 30, 2026, to discuss the company's financial performance. The meeting is scheduled to take place at 04:00 P.M. at the Corporate Office located in New Delhi. The primary agenda for the meeting is the consideration and approval of the audited financial results for the quarter and fiscal year ending March 31, 2026.

Agenda for the Meeting

The board will deliberate on the audited financial results for the specified period. Additionally, the directors may discuss any other matter permitted by the Chair during the proceedings.

Trading Window Closure

In compliance with the Company's Code of Conduct for the prevention of Insider Trading, the trading window for dealing in the securities of the company has been closed with immediate effect. This restriction applies to all directors, officers, and designated employees of the company. The window will reopen 48 hours after the announcement of the financial results.

Meeting Details

Detail Information
Date May 30, 2026
Time 04:00 P.M.
Venue Corporate Office, New Delhi
Purpose Audited Financial Results for FY26

Historical Stock Returns for Rama Paper Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-2.99%+0.31%+4.52%+82.02%+23.95%+31.71%

How might Raama Paper Mills' FY26 financial results compare to industry peers amid fluctuating raw material costs and evolving demand for sustainable packaging?

Will the board consider announcing dividends or capital allocation changes following the approval of FY26 audited results?

How could potential shifts in India's paper and packaging sector regulations impact Raama Paper Mills' growth strategy for FY27?

Raama Paper Mills Limited: Committee of Creditors Approves Resolution Plan

1 min read     Updated on 02 May 2026, 09:06 PM
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Raama Paper Mills Limited's Committee of Creditors has approved the resolution plan from Poddar Global Private Limited with 99.38% voting support through e-voting held from 25.04.2026 to 01.05.2026. The plan will now be submitted to NCLT Prayagraj Bench for approval under Section 31 of IBC 2016. Upon NCLT approval, the resolution plan will become binding on all stakeholders including employees, members and creditors.

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Raama Paper Mills Limited has informed the Bombay Stock Exchange that the Committee of Creditors (CoC) of the company, which is undergoing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, has approved the resolution plan submitted by M/s Poddar Global Private Limited. The approval was granted through e-voting conducted from 25.04.2026 (10:00 AM) till 01.05.2026 (06:00 PM), in accordance with the provisions of the code and applicable regulations.

Key Details of the Approval

The resolution plan received overwhelming support from the creditors, with 99.38% of the voting share in favour of the plan. This approval marks a significant step in the company's ongoing insolvency resolution process.

Parameter Details
Resolution Plan Submitted By M/s Poddar Global Private Limited
E-Voting Period 25.04.2026 (10:00 AM) to 01.05.2026 (06:00 PM)
Approval Percentage 99.38% of voting share
Regulatory Framework Insolvency and Bankruptcy Code, 2016

Next Steps

Following the CoC approval, the resolution plan will now be filed before the Hon'ble National Company Law Tribunal (NCLT), Prayagraj Bench for its approval under Section 31 of the Code. Once approved by the NCLT, the resolution plan will become binding on all stakeholders, including the Corporate Debtor, its employees, members, creditors and other concerned parties.

The company has stated that further updates will be shared upon receipt of the order from the Hon'ble NCLT. The intimation was signed by CS Himanshu Duggal, Company Secretary, on behalf of Raama Paper Mills Limited (Under CIRP).

Historical Stock Returns for Rama Paper Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-2.99%+0.31%+4.52%+82.02%+23.95%+31.71%

What is Poddar Global Private Limited's track record in paper industry turnarounds and their strategic plan for Rama Paper Mills' operations?

How will the resolution plan impact Rama Paper Mills' existing workforce, production capacity, and market positioning in the paper industry?

What are the financial terms and debt restructuring components of Poddar Global's resolution plan that secured such overwhelming creditor support?

More News on Rama Paper Mills

1 Year Returns:+23.95%