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.

Shree Rama Multi-Tech Limited , a leading packaging materials manufacturer, has announced robust financial results for the second quarter and half-year ended September 30, 2025, alongside a key executive appointment.

Financial Performance Highlights

The company reported a significant increase in profitability for Q2 FY2026:

For the half-year period:

The company's performance shows substantial growth in both revenue and profitability compared to the previous year.

Operational Performance

Shree Rama Multi-Tech's operational efficiency is evident from its financial statements:

• Total income for Q2 FY2026 stood at ₹6,372.28 crore, up from ₹5,303.84 crore in Q2 FY2025.
• The company maintained control over expenses, with total expenses for Q2 FY2026 at ₹5,417.82 crore.
• Earnings per share (EPS) for Q2 FY2026 improved to ₹0.51, compared to ₹0.40 in the same quarter last year.

Balance Sheet Strength

As of September 30, 2025, Shree Rama Multi-Tech's financial position remains solid:

• Total assets stood at ₹21,321.43 crore.
• The company's equity share capital remained stable at ₹6,673.40 crore.
• Other equity increased to ₹10,073.60 crore from ₹8,644.44 crore at the end of the previous fiscal year.

Cash Flow Management

The company demonstrated strong cash flow management:

• Net cash flow from operating activities for H1 FY2026 was ₹2,690.69 crore.
• Cash and cash equivalents at the end of the period increased to ₹877.21 crore from ₹63.32 crore at the beginning of the period.

New CFO Appointment

In a strategic move, Shree Rama Multi-Tech has appointed Mr. Krunal Shah as its new Chief Financial Officer, effective November 13, 2025. Mr. Shah, a Chartered Accountant with over 17 years of experience in business, finance, and accounts, joins the company after serving as CFO at Dholera Industrial City Development Limited. This appointment is expected to bring fresh perspectives to the company's financial strategies.

Auditor's Note

The company's auditors, Mahendra N. Shah & Co., issued a qualified review report, citing the non-consolidation of accounts of ShreeRama (Mauritius) Limited, a wholly-owned subsidiary. The company has stated that this is due to the subsidiary being declared defunct under Mauritian law.

Shree Rama Multi-Tech's strong Q2 performance, coupled with the appointment of an experienced CFO, positions the company for continued growth in the packaging materials sector. Investors and stakeholders will likely watch closely to see how these positive developments translate into long-term value creation.