Ruchira Papers Limited , a prominent player in the paper industry, held its 45th Annual General Meeting (AGM) on September 29, 2025, where shareholders approved several significant resolutions, including the reappointment of key directors and a secretarial auditor.

Director Reappointments

The shareholders approved the reappointment of three veteran directors, all of whom are promoters of the company:

1. Mr. Subhash Chander Garg (83 years old) was reappointed as Whole-Time Director for a five-year term from September 1, 2025, to August 31, 2030. Mr. Garg, a law graduate, brings expertise in taxation and marketing and has been overseeing these functions since the company's inception.

2. Mr. Jatinder Singh (71 years old) was also reappointed as Whole-Time Director for the same five-year period. An engineering graduate from Punjab University, Mr. Singh has been managing finance, accounts, administration, and raw material procurement for Ruchira Papers.

3. Mr. Umesh Chander Garg (76 years old) was reappointed as Managing Director for five years, continuing his role in overseeing day-to-day operations, production, maintenance, and technical aspects of the company.

Secretarial Auditor Reappointment

M/s Priyanka Chawla & Associates, Company Secretaries (Membership No. A63081 and Peer Review No. 6317/2024), was reappointed as the Secretarial Auditors of the company for five consecutive financial years from 2025-26 to 2029-30.

Other Key Resolutions

The AGM also saw the approval of other important resolutions, including:

• Adoption of the audited financial statements for the year ended March 31, 2025
• Declaration of a dividend of Rs. 5.00 per equity share of Rs. 10.00 each
• Reappointment of Mrs. Ruchica Garg Kumar and Mr. Deepan Garg as directors, who retired by rotation
• Ratification of the remuneration for the Cost Auditor for the financial year ending March 31, 2026
• Approval for the creation of mortgage or charge on the company's assets under Section 180(1)(a) of the Companies Act
• Revision in managerial remuneration for Mr. Vipin Gupta, CFO & Executive Director

The meeting, which started at 12:00 PM and concluded at 12:20 PM, saw active participation from shareholders, with all resolutions passing with the requisite majority.

This series of reappointments and approvals reflects Ruchira Papers' commitment to maintaining continuity in its leadership while adhering to corporate governance norms. The company's focus on experienced management and compliance with regulatory requirements positions it for continued growth in the paper industry.

Ruchira Papers Limited , a leading paper manufacturer, has announced its financial results for the first quarter of fiscal year 2026 and made several key corporate decisions. The company's Board of Directors met on August 11, 2025, to approve these matters and set the stage for the upcoming Annual General Meeting (AGM).

Q1 FY2026 Financial Performance

For the quarter ended June 30, 2025, Ruchira Papers reported:

• Total income of Rs 169.42 crore, compared to Rs 164.90 crore in the same quarter last year
• Profit of Rs 16.98 crore, up from Rs 14.78 crore in Q1 FY2025
• Basic and diluted earnings per share of Rs 5.69

The company's performance shows a year-on-year improvement in both revenue and profitability.

Annual General Meeting and Dividend

The 45th AGM of Ruchira Papers is scheduled for September 29, 2025, at Hotel Black Mango in Himachal Pradesh. The Board has set September 22, 2025, as the record date for determining shareholder eligibility for the final dividend for FY 2024-25. If approved at the AGM, the dividend will be paid on or after October 10, 2025.

Re-appointment of Key Directors

The Board has approved the re-appointment of three Whole-time Directors for five-year terms, subject to shareholder approval:

1. Mr. Subhash Chander Garg
2. Mr. Jatinder Singh
3. Mr. Umesh Chander Garg (Managing Director)

Their new terms will run from September 1, 2025, to August 31, 2030.

Other Key Decisions

• Re-appointment of Priyanka Chawla & Associates as Secretarial Auditors for FY 2025-26 to 2029-30
• Approval for the creation of charge/mortgage/security on company assets, subject to shareholder approval
• Book closure dates set from September 23, 2025, to September 29, 2025, for the AGM

The Board meeting, which began at 12:00 PM, concluded at 1:15 PM on August 11, 2025.

These decisions reflect Ruchira Papers' commitment to corporate governance and its focus on long-term stability in leadership. The financial results indicate a positive start to the fiscal year, with improvements in both revenue and profitability compared to the same period last year.