Shree Krishna Paper Mills & Industries Ltd held its 54th Annual General Meeting on September 29, 2026, through video conferencing. The meeting focused on adopting the audited financial statements for the fiscal year ended March 31, 2026, and approving key director re-appointments.

The proceedings were conducted in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Ritika Priyam, Company Secretary, facilitated the session, ensuring all statutory requirements were met. The meeting commenced at 11:00 am and concluded at 11:19 am.

Resolutions and Approvals

Members considered five agenda items, ranging from financial adoption to related party transactions. The CFO, Mr. Sanjiv Kumar Agarwal, highlighted the company's performance during FY26. The specific resolutions placed before shareholders included:

Voting and Compliance Details

Remote e-voting was available from September 26, 2026, to September 28, 2026. Members who did not vote remotely could cast their votes during the AGM via the MUFG Intime India Private Limited portal. Mr. Manish Kumar Bansal, Partner at Globiz Legal, served as the scrutinizer to ensure a fair and transparent voting process.

The results of the voting will be declared and disseminated to stock exchanges and the company's website on or before October 1, 2026. The meeting confirmed that the Annual Report and Auditors' Reports contained no negative qualifications or observations.

Shree Krishna Paper Mills & Industries Ltd has scheduled its 54th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM) starting at 11:00 am.

The AGM aims to adopt the audited financial statements for FY26, which reported a net profit of ₹1,944.69 lakh, a significant turnaround from the ₹112.74 lakh profit in FY25. Revenue from operations rose to ₹22,808.36 lakh in FY26, up from ₹16,870.84 lakh in the previous year.

Financial Performance

The company’s profit before tax stood at ₹2,478.18 lakh in FY26, driven by operational improvements and exceptional items. Profit before exceptional items and tax was ₹452.43 lakh, compared to ₹194.84 lakh in FY25. Exceptional income of ₹2,025.75 lakh, primarily from the sale of part of a vacant leasehold land plot, contributed significantly to the bottom line. After tax expenses of ₹533.49 lakh, the net profit after tax was ₹1,944.69 lakh.

What the Numbers Show

The dramatic increase in net profit is largely attributable to non-operational factors. While operational profitability improved with pre-tax profits rising from ₹194.84 lakh to ₹452.43 lakh, the exceptional income of ₹2,025.75 lakh constituted approximately 82% of the total profit before tax. This indicates that while core business performance strengthened, the headline bottom-line growth was significantly boosted by the one-time asset sale.

AGM Agenda and Corporate Actions

Shareholders will vote on ordinary business, including the adoption of financial statements and the re-appointment of Mr. Narendra Kumar Pasari as a director. Special business resolutions include:

• Re-appointment of Mr. Naynesh Pasari as Managing Director for three years, commencing August 10, 2026. His remuneration includes a basic salary of ₹2 lakh per month plus HRA at 50% of basic salary, along with other perquisites.
• Approval of material related-party transactions with Gopala Sales Private Limited, valued up to ₹100 crore for FY27. These transactions involve the sale and purchase of paper products and services on an arm's length basis.
• Ratification of the remuneration of M/s. Vijender Sharma & Co. as Cost Auditors for FY27, amounting to ₹100,000 plus taxes and out-of-pocket expenses.

Book Closure and E-Voting

The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026. The cut-off date for determining eligible shareholders for remote e-voting is Tuesday, September 22, 2026. Members can cast their votes via MUFG Intime India Private Limited during the remote e-voting period from September 26, 2026, to September 28, 2026.