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.

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).

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.