Simplex Papers Limited shareholders delivered unanimous support for the company’s governance agenda at its 32nd Annual General Meeting (AGM) on August 4, 2026. Members approved the adoption of audited financial statements for FY26, the reappointment of Shekhar R Singh as a director, and the appointment of Shrikrushna N. Pawar as a Non-Executive Independent Director. The meeting also authorized the disposal of company land assets. This unified shareholder backing reinforces stability in the company’s leadership structure following the conclusion of the fiscal year ended March 31, 2026.

The voting process was conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), with remote e-voting facilitated by National Securities Depository Limited (NSDL) from August 1 to August 3, 2026. Company Secretary Bikash Singh submitted the voting results to BSE Limited on August 5, 2026, in compliance with Regulation 44(3) of the SEBI (LODR) Regulations, 2015. Scrutinizer Binit Kumar, a practicing Company Secretary, certified that all votes were cast fairly and transparently, with no invalid votes recorded across any resolution.

Voting Results Breakdown

All four resolutions placed before the members received 100% affirmative votes from the shares polled. A total of 18,459 votes were cast out of 30,014 shares held by eligible shareholders as of the record date, July 28, 2026. The promoter group held 14,990 shares and voted all 14,758 polled shares in favor. Public institutional investors held 4,195 shares and voted 3,675 in favor. Non-institutional public shareholders held 10,829 shares but polled only 26 votes, all in favor.

Shekhar R Singh, who retires by rotation, offered himself for reappointment and was duly reappointed. Shrikrushna N. Pawar was appointed as a Non-Executive Independent Director under a special resolution. The approval to sell or transfer land assets provides management with flexibility to optimize capital structure or repurpose real estate holdings.

Governance and Compliance

The AGM was chaired by Shekhar R Singh, Chairman of the Company. Statutory Auditors Khandelwal & Mehta LLP and Secretarial Auditors Taher Sapatwala & Associates attended the meeting via video conferencing. Neither auditor raised adverse observations or qualifications in their respective reports. The proceedings adhered to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. Electronic data and voting records will be retained by the scrutinizer until the minutes are signed by the Chairman.

The unanimous outcome across all resolutions signals strong alignment between promoters, institutional investors, and retail shareholders on key strategic and governance matters. With no dissenting votes recorded, the Board proceeds with full mandate to execute its operational and asset optimization plans for the coming fiscal year.

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.