Shree Rama Multi-Tech has announced significant board changes following the completion of Shri Shalin S. Patel's tenure as Independent Director, alongside strong Q3FY26 financial performance. The company reported robust operational results while implementing strategic leadership transitions in compliance with regulatory requirements.

Director Tenure Completion and Reappointment

The company disclosed that Shri Shalin S. Patel ceased to be an Independent Director effective February 8, 2026, following the completion of his second term of five years as Independent Director. The Board of Directors placed on record its appreciation for his valuable contributions and guidance during his tenure as Independent Director.

Q3FY26 Financial Performance

The company delivered impressive quarterly results with substantial growth across all major financial parameters. Net profit increased to ₹552.64 lakhs compared to ₹526.35 lakhs in the corresponding quarter of the previous year, representing solid year-over-year growth.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, Shree Rama Multi-Tech demonstrated exceptional growth momentum. Revenue from operations reached ₹17,722.30 lakhs compared to ₹14,867.35 lakhs in the corresponding period, while net profit surged to ₹2,004.69 lakhs from ₹1,474.94 lakhs in the previous year.

Committee Reconstitution

Following the board changes, the company reconstituted its key committees effective February 8, 2026. Consequent to the completion of his term as Independent Director, Shri Shalin S. Patel ceased to be Chairman of the Nomination & Remuneration Committee and Member of the Audit Committee and Stakeholders' Relationship Committee.

Board Composition Update

The revised Board composition effective February 8, 2026, includes six directors with Shri Mittal K. Patel continuing as Independent Director-Chairman. Shri Shalin S. Patel, who holds a Masters of Science in Chemical Engineering with extensive experience in chemical areas including project implementation and planning, transitions to his new role as Non-Executive Director.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 2, 2026. The company continues to operate in the manufacturing of packaging materials segment, focusing on lami-tubes, tube laminates, multilayer films, and flexible laminates.

Shree Rama Multi-Tech Limited has issued a clarification to BSE Limited regarding recent price movements in its shares, responding to surveillance inquiries about the volatility observed on the exchange.

Company's Response to BSE Inquiry

In a communication dated December 22, 2025, the company addressed BSE's surveillance team led by Ayush Jain, responding to reference number L/SURV/ONL/PV/AJ/2025-2026/3218. The inquiry was specifically related to significant price movements observed in the company's shares trading under scrip code 532310.

Regulatory Compliance and Disclosure Practices

The company emphasized its adherence to regulatory requirements in its response:

• Regular disclosure of all events and information affecting company operations and performance
• Compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Timely sharing of price-sensitive information with stock exchanges
• Prompt response to exchange requests for additional information

Market-Driven Price Movement Explanation

Regarding the recent share price volatility, the company provided the following clarification:

The company specifically stated that it has no knowledge of involvement by any party in the recent price movements and confirmed that all material developments continue to be disclosed to exchanges in the interest of investors and shareholders.

Company Background

Shree Rama Multi-Tech Limited operates as an ISO 9001:2015 and ISO 15378:2017 (GMP) certified company with DMF Type III certification. The company is headquartered at Kalol-Khatrij Road, Gandhinagar, Gujarat, and maintains regular communication channels with stakeholders through its established disclosure framework.

The response was signed by Mirtunjay Mishra, Company Secretary and Compliance Officer (Membership No.: A76112), reaffirming the company's commitment to transparency and regulatory compliance in all its communications with stock exchanges and investors.