Latest news about Rama Paper Mills
Rama Paper Mills
17.00
-0.05(-0.29%)
Company Performance:
View Company Insights1D-0.29%
1M+8.56%
6M+19.55%
1Y+54.13%
5Y-28.57%
More news about Rama Paper Mills
02May 26
Raama Paper Mills Limited: Committee of Creditors Approves Resolution Plan
Raama Paper Mills Limited's Committee of Creditors has approved the resolution plan from Poddar Global Private Limited with 99.38% voting support through e-voting held from 25.04.2026 to 01.05.2026. The plan will now be submitted to NCLT Prayagraj Bench for approval under Section 31 of IBC 2016. Upon NCLT approval, the resolution plan will become binding on all stakeholders including employees, members and creditors.
15Apr 26
Raama Paper Mills Limited Submits SEBI Compliance Certificate for Q4FY26
Raama Paper Mills Limited has submitted its confirmation certificate under SEBI Regulation 74(5) for Q4FY26, covering the quarter ended 31-March-2026. The certificate from RTA Indus Sharesree Private Limited confirms proper handling of dematerialization processes and compliance with depositories regulations, demonstrating the company's adherence to regulatory requirements.
03Apr 26
Raama Paper Mills Corrects Resolution Applicants List Under CIRP Process
Raama Paper Mills Limited corrected its earlier intimation regarding the Corporate Insolvency Resolution Process, specifically clarifying the list of resolution applicants. The company confirmed that two entities - Ujala Renewables LLP (Consortium) and Poddar Global Private Limited - have submitted resolution plans following NCLT directions for enhanced offers and open bidding process.
06Feb 26
Raama Paper Mills Limited Schedules Board Meeting for February 13, 2026 to Review Q3FY26 Financial Results
Raama Paper Mills Limited has scheduled a board meeting for February 13, 2026, at 04:00 P.M. at its New Delhi Corporate Office to consider and approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The company has implemented trading window restrictions for all directors, officers, and designated employees, effective immediately until 48 hours after the results announcement. The meeting is being convened by the Resolution Professional under the Insolvency and Bankruptcy Code, 2016, following the suspension of Board of Directors' powers as per an order dated June 7, 2024.
01Jan 26
Raama Paper Mills Reports Q2FY26 Loss of ₹166.27 Cr; Resolution Plan Awaits Approval
Raama Paper Mills Limited posted a net loss of ₹166.27 crores for Q2FY26 compared to ₹365.98 crores loss in the previous year, with revenue declining to ₹109.86 crores. The company continues operating under Corporate Insolvency Resolution Process with a resolution plan approved by creditors awaiting NCLT approval, while facing significant financial challenges including negative net worth of ₹4,812.37 crores.
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