Rama Paper Mills Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated 15th April, 2026, covers the quarter ended 31-March-2026.

Regulatory Compliance Details

The confirmation certificate was issued by M/s. Indus Sharesree Private Limited, the company's Registrar and Share Transfer Agent (RTA), in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Certificate Confirmation

The RTA confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. The certificate also validates that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

Dematerialization Process Compliance

Indus Sharesree Private Limited confirmed adherence to proper dematerialization procedures during the quarter. Key compliance aspects include:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within the stipulated 15-day period

Company Information

Raama Paper Mills Limited, formerly known as Rama Paper Mills Limited, operates from its registered office and works at 4th km Stone, Najibabad Road, Kiratpur-246731, District Bijnor, Uttar Pradesh. The company maintains its corporate office at 307, Rattan Jyoti Building, 18, Rajendra Place, New Delhi-110008.

The submission was signed by Himanshu Duggal, Company Secretary, ensuring proper authorization and compliance with corporate governance requirements. This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparency in its securities operations.

Raama Paper Mills Limited's Resolution Professional has received two resolution plans from shortlisted bidders as part of the ongoing Corporate Insolvency Resolution Process (CIRP). The development was communicated to the Bombay Stock Exchange, marking a significant step in the company's insolvency proceedings.

NCLT Directions and Fresh Bidding Process

The submission of new resolution plans follows specific directions issued by the Hon'ble National Company Law Tribunal, Prayagraj Bench. The tribunal instructed the Committee of Creditors (CoC) to reconsider resolution plans from unsuccessful resolution applicants by allowing them to enhance their offers or consider adopting an open bidding process to provide fair opportunities to all shortlisted bidders.

Corrected Resolution Applicants List

In a follow-up communication dated 03.04.2026, the company issued a correction to its previous intimation. The company clarified that the list of Resolution Applicants had been erroneously omitted from the earlier communication. The corrected list of Resolution Applicants now includes:

This correction was signed by CS Himanshu Duggal, Company Secretary (ACS-31026), and digitally authenticated on 03.04.2026.

Committee of Creditors Review

The two resolution plans received by the Resolution Professional have been formally presented to the 14th meeting of the Committee of Creditors, which was held on 01.04.2026. This presentation marks the beginning of the evaluation process for the submitted proposals.

Regulatory Compliance

The intimation was made in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, specifically under sub-clause 16(i) of Clause A of Part A of Schedule III. Resolution Professional Sandeep Kumar Agarwal, registered under IBBI Reg No.: IBBI/IPA-001/IP-P01135/2018-19/11828, signed the original disclosure document.

The development represents a crucial phase in the CIRP proceedings for Raama Paper Mills Limited, as the Committee of Creditors will now evaluate the received resolution plans to determine the most suitable option for the corporate debtor's revival.