Simplex Papers Limited concluded its 32nd Annual General Meeting (AGM) on August 4, 2026, with shareholders approving key governance matters including the adoption of audited financial statements for the fiscal year ended March 31, 2026 (FY26). The meeting, held via Video Conferencing/Other Audio Visual Means (VC/OAVM), also saw the reappointment of Shekhar R Singh as a director and the appointment of Shrikrushna N. Pawar as a Non-Executive Independent Director.

The proceedings were conducted in compliance with Regulation 30, Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The meeting commenced at 12:00 noon and concluded at 12:04 pm, following the declaration of voting results. Shekhar R Singh, Chairman of the Company, chaired the session. Statutory Auditors Khandelwal & Mehta LLP and Secretarial Auditors Taher Sapatwala & Associates attended the meeting via video conferencing. No adverse observations or qualifications were raised by either the statutory or secretarial auditors in their respective reports.

Key Resolutions Passed

The Board placed four resolutions before the members for approval. All ordinary and special resolutions listed in the notice dated June 16, 2026, were transacted during the meeting.

Shekhar R Singh retires by rotation but, being eligible, offered himself for reappointment. Shrikrushna N. Pawar was appointed as a Non-Executive Independent Director under a special resolution. Additionally, shareholders granted approval for the company to sell, transfer, or otherwise dispose of its land assets.

Voting Process and Participation

The company facilitated remote e-voting through National Securities Depository Limited (NSDL) from August 1, 2026, at 9:00 am to August 3, 2026, at 5:00 pm. Members who had not voted remotely were provided the facility to vote during the AGM. A total of 30 members attended the meeting as per attendance records. No members registered as speakers to raise queries regarding operations or financial performance.

The e-voting facility remained open for 15 minutes after the conclusion of the meeting to allow final votes. The consolidated e-voting results were declared in accordance with the details provided in the notice. The meeting was concluded with a vote of thanks to the chair.

Simplex Papers Ltd will seek shareholder approval to sell a non-operational land parcel in Gondia and appoint a new independent director at its 32nd Annual General Meeting scheduled for August 4, 2026. The meeting will be conducted through video conferencing, with the record date set for July 28, 2026, to determine shareholder eligibility.

The Board of Directors has approved a proposal to sell, transfer, or otherwise dispose of land situated at Survey No. 339, Village Konari 18, Taluka & District Gondia-441601 Maharashtra. The property, measuring approximately 0.61 hectare, was acquired on June 27, 2001, and has remained vacant without generating any revenue. The company aims to utilize the net proceeds from the sale for general corporate purposes to optimize its asset portfolio and unlock idle capital.

Shareholders will also vote on the appointment of Shri Shrikrushna N. Pawar (DIN 11763684) as a Non-Executive Independent Director. The appointment is for a term of five years from June 16, 2026, to June 15, 2031. The resolution includes shareholder approval for his continuation after he attains the age of 75 years during his term. Additionally, Shri Shekhar R Singh (DIN 03357281), who retires by rotation, is eligible for re-appointment.

The register of members and transfer books will remain closed from July 29, 2026, to August 4, 2026. Remote e-voting will commence on August 1, 2026, at 9:00 A.M. and conclude on August 3, 2026, at 5:00 P.M. Members can participate in the meeting and cast votes through the NSDL e-voting system.

The statutory auditors' report and the audited financial statements for the financial year ended March 31, 2026, will be presented for adoption at the meeting. Shri Binit Kumar, Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the e-voting process.