Shree Rama Newsprint Limited announced that its shareholders have approved the appointment of Mr. Alok Jain as an Independent Director through a special resolution. The decision was reached via a postal ballot remote e-voting process, with the results declared on July 6, 2026. The resolution received overwhelming support, with 99.98% of the votes polled in favour.

The remote e-voting period commenced on June 4, 2026, and concluded on July 3, 2026. Mr. Kinjal Shah, a Practicing Company Secretary, served as the Scrutinizer for the process and submitted the report to the Whole-time Director. The voting was conducted in compliance with Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

A total of 83,156 shareholders were eligible to vote as on the cut-off date of May 29, 2026. The special resolution required approval from the shareholders, and the votes cast in favour significantly exceeded the votes against, meeting the requisite majority for a special resolution.

Voting Results Summary

The table below details the voting pattern for the special resolution regarding the appointment of Mr. Alok Jain:

Scrutinizer's Report

Mr. Kinjal Shah confirmed that the postal ballot process was conducted in accordance with the Companies Act, 2013, and the relevant rules. The notice for the postal ballot was sent to members via email on May 25, 2026. The facility for remote e-voting was provided by National Securities Depository Limited (NSDL). The Scrutinizer certified that the resolution was duly passed as the votes cast in favour were three times more than the votes cast against, satisfying the requirements for a special resolution under Section 114 of the Companies Act, 2013.

Shree Rama Newsprint Limited is seeking shareholder approval through a postal ballot to appoint Mr. Alok Jain as an Independent Director for a term of five years. The resolution requires a special majority and pertains to the appointment of Mr. Jain (DIN: 06950769), who was initially appointed as an Additional Director by the Board on May 25, 2026. The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process.

The remote e-voting period commenced on June 4, 2026, at 9:00 A.M. and will conclude on July 3, 2026, at 5:00 P.M. Shareholders holding shares as of the cut-off date, May 29, 2026, are eligible to participate. Mr. Kinjal Shah, a Practicing Company Secretary, has been appointed as the Scrutinizer to ensure the process is conducted fairly and transparently.

Appointment Details

The Board of Directors recommends the appointment of Mr. Alok Jain as a Non-Executive Independent Director. He is not liable to retire by rotation and will hold office for five consecutive years from May 25, 2026, to May 24, 2031. The company has received a declaration from Mr. Jain confirming he meets the criteria for independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Voting Dates

The results of the postal ballot will be announced on or before July 7, 2026, and subsequently communicated to the stock exchanges. Shareholders can cast their votes through the NSDL e-voting system using their demat account details or login credentials provided by the depository.