Shree Rama Newsprint Limited has responded to clarification requests from stock exchanges regarding recent price movements in its shares. The company submitted its response on February 28, 2026, addressing queries raised by both BSE and NSE on February 27, 2026.

Exchange Communication Details

The company's response was directed to both major Indian stock exchanges where its shares are listed:

Company's Official Position

Shree Rama Newsprint Limited clarified that it has maintained full compliance with disclosure requirements under SEBI regulations. The company emphasized that all material information and announcements that could impact operations or performance have been disclosed to the exchanges in a timely manner.

The response highlighted several key points regarding the company's disclosure practices:

• All necessary disclosures made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Information disclosed within stipulated timeframes
• All material announcements available in public domain
• No undisclosed or pending information that could influence stock price

Market-Driven Price Movement

The company categorically stated that the recent share price movement is purely market-driven. Management confirmed there is no pending material information awaiting disclosure that could have bearing on the stock's price performance.

Corporate Details

The response was signed by Company Secretary Shubham Ajmera (Membership No. A76790) and digitally authenticated on February 28, 2026. The company operates from its registered office and manufacturing plant in Village Barbodhan, Taluka Olpad, District Surat, Gujarat, with a marketing office in Mumbai.

The clarification demonstrates the company's commitment to transparency and regulatory compliance while addressing market concerns about stock price volatility.

Shree Rama Newsprint & Papers has announced the cessation of Mr. Kanhayalal Chandak as Independent Director following the completion of his tenure. The company informed BSE Limited and National Stock Exchange of India Limited about this board change through a regulatory disclosure dated February 8, 2026.

Director Cessation Details

Mr. Kanhayalal Chandak (DIN: 00013487) ceased to be a Director of the Company with effect from the close of business hours on February 8, 2026. The cessation occurred due to completion of his second and final term as an Independent Director of the Company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The company provided detailed information as required under the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026. The formal communication was addressed to both BSE Limited (Scrip Code: 500356) and National Stock Exchange of India Limited (Symbol: RAMANEWS).

Board Acknowledgment

The Board of Directors and the management of the Company placed on record their sincere appreciation and gratitude to Mr. Kanhayalal Chandak for his valuable guidance and significant contributions during his tenure with the Company. The disclosure was signed by Company Secretary Shubham Ajmera (Membership No.: A76790) on behalf of Shree Rama Newsprint Limited.

Company Information

Shree Rama Newsprint Limited operates from its registered office and manufacturing plant located at Village Barbodhan, Taluka Olpad, District Surat, Gujarat. The company is incorporated under CIN: L21010GJ1991PLC019432 and maintains its commitment to regulatory compliance and corporate governance standards.