Shree Rama Multi-Tech Limited passed all four resolutions proposed at its 32nd Annual General Meeting (AGM) held on September 25, 2026. The meeting was conducted through video conferencing in compliance with regulatory guidelines.

The Board of Directors recommended the adoption of audited financial statements for the financial year ended March 31, 2026. Members also approved the reappointment of Ms. Vandana C. Patel as a Director, who retired by rotation and offered herself for re-election. Additionally, Hemal R. Shah was reappointed as Whole-Time Director for a period of three years effective November 27, 2026.

Key Resolutions Passed

The following items of business were transacted and approved by shareholders:

• Adoption of audited financial statements for FY26 along with Board and Auditor reports.
• Reappointment of Ms. Vandana C. Patel as Director retiring by rotation.
• Reappointment of Hemal R. Shah as Whole-Time Director for three years starting November 27, 2026.
• Ratification of remuneration payable to Cost Auditors for FY27.

Meeting Proceedings and Voting

The meeting commenced at 11:00 am and concluded at 11:38 am. Mr. Mittal K Patel chaired the session. Remote e-voting was available from September 22 to September 24, 2026. Kfin Technologies Limited provided the e-voting infrastructure, while Chirag Shah & Associates served as the scrutinizer.

All resolutions were passed with the requisite majority. The consolidated results of e-voting are to be disseminated to stock exchanges and uploaded on the company website within two working days.

Voting Results and Scrutinizer Report

On September 26, 2026, the company submitted the voting results and the scrutinizer's report to BSE and NSE in compliance with Regulation 44(3) of SEBI LODR Regulations. The report confirms that all four resolutions were passed with overwhelming support.

The total number of shares polled was 83,227,560, representing 62.36% of the total outstanding shares of 133,468,005. Promoters and promoter group held 82,177,162 shares and voted 100% in favour on all resolutions. Public institutions voted 100% in favour, while public non-institutions recorded minor dissenting votes on specific items.

Resolution-wise Voting Summary

What the Numbers Show

The voting data reveals a high concentration of promoter influence, with promoters holding 61.57% of the total outstanding shares (82,177,162 out of 133,468,005). Despite this majority stake, the overall turnout was 62.36%, indicating that nearly all promoter shares were voted, along with a small fraction of public shares. The dissenting votes, totaling between 1,698 and 1,720 shares across all resolutions, constituted less than 0.003% of the total votes polled, reflecting minimal opposition from the minority shareholder base.

Shree Rama Multi-Tech Ltd began commercial production using a new tubing machine at its Moti-Bhoyan plant on September 21, 2026. The expansion adds 1.15 crore tubes per month to the company’s capacity, funded entirely by internal accruals.

The Gujarat-based manufacturer disclosed the update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company completed necessary trial runs adhering to standard operating norms and quality parameters before initiating commercial output.

Capacity Expansion Details

The new installation aims to address consistent product demand and tap into growing market opportunities. The investment of ₹20 crore was financed through internal accruals, avoiding additional debt leverage for this specific project.

What the Numbers Show

The company reported an existing capacity utilization rate of 90%. This high utilization level against a base capacity of 7.70 crore tubes per month indicates that current demand is nearing the operational ceiling of the existing infrastructure. The addition of 1.15 crore tubes per month represents approximately a 15% increase in total monthly capacity, providing immediate headroom to absorb demand that previously may have been constrained by the near-full utilization of existing lines.

Operational Impact

Management stated that the commencement of production from the new tubing machine is expected to contribute to increases in both topline and bottomline figures in coming years. The facility will produce tubes of various sizes and dimensions, leveraging latest technology to maintain quality standards.

The full capacity addition is scheduled to be realized within the third quarter of FY27. The company holds ISO 9001:2015 and ISO 15378:2017 (GMP) certifications, along with DMF Type III certification, supporting its manufacturing compliance framework.