Shree Rama Newsprint & Papers Limited has announced the resignation of its Independent Director Mr. Harshadbhai Baldevbhai Patel, effective April 2, 2026. The resignation was submitted due to personal reasons and takes immediate effect.

Director Resignation Details

The company informed both BSE Limited and National Stock Exchange of India Limited about this corporate governance change in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para 7 and 7B of Schedule III Part A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026.

Additional Confirmations

As part of the regulatory requirements for Independent Director resignations, Mr. Patel provided several confirmations:

• He confirmed that there are no material reasons for his resignation other than those mentioned in his resignation letter
• He holds no directorships in other listed entities
• The resignation letter was enclosed with detailed reasons as required by regulations

Company Communication

The formal intimation was signed by Company Secretary Shubham Ajmera (Membership No.: A76790) and submitted to both stock exchanges. The company expressed gratitude for Mr. Patel's service during his tenure as Independent Director.

Shree Rama Newsprint Limited operates from its registered office and manufacturing plant located at Village Barbodhan, Taluka Olpad, District Surat, Gujarat. The company's CIN is L21010GJ1991PLC019432.

Shree Rama Newsprint Limited has responded to clarification requests from stock exchanges regarding recent price movements in its shares. The company submitted its response on February 28, 2026, addressing queries raised by both BSE and NSE on February 27, 2026.

Exchange Communication Details

The company's response was directed to both major Indian stock exchanges where its shares are listed:

Company's Official Position

Shree Rama Newsprint Limited clarified that it has maintained full compliance with disclosure requirements under SEBI regulations. The company emphasized that all material information and announcements that could impact operations or performance have been disclosed to the exchanges in a timely manner.

The response highlighted several key points regarding the company's disclosure practices:

• All necessary disclosures made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Information disclosed within stipulated timeframes
• All material announcements available in public domain
• No undisclosed or pending information that could influence stock price

Market-Driven Price Movement

The company categorically stated that the recent share price movement is purely market-driven. Management confirmed there is no pending material information awaiting disclosure that could have bearing on the stock's price performance.

Corporate Details

The response was signed by Company Secretary Shubham Ajmera (Membership No. A76790) and digitally authenticated on February 28, 2026. The company operates from its registered office and manufacturing plant in Village Barbodhan, Taluka Olpad, District Surat, Gujarat, with a marketing office in Mumbai.

The clarification demonstrates the company's commitment to transparency and regulatory compliance while addressing market concerns about stock price volatility.