Voting Results of Postal Ballot and Scrutinizer''s Report is enclosed.
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Shree Krishna Paper Mills & Industries Ltd has disclosed the voting results of a postal ballot conducted via remote e-voting between December 17, 2025 and January 15, 2026. All 5 resolutions were passed with overwhelming shareholder approval (99.9952% in favor, only 558 votes against out of 1.15 crore shares voted). The resolutions included: (1) appointment of Mrs. Devika Ohri as Independent Director, (2) increase in borrowing limits under Section 180(1)(c), (3) approval to sell/lease/mortgage the company's undertaking under Section 180(1)(a), (4) related party transactions with Busimatix Global LLP, and (5) related party transactions with Gopala Sales Private Limited. Promoters voted 100% in favor across all resolutions. The total share capital is Rs. 13.52 crore divided into 1.35 crore equity shares of Rs. 10 each, with a voter turnout of 85.31%.
Shareholders have greenlit key corporate actions including higher borrowing capacity, potential sale/disposal of company assets, and related party transactions, signaling management's intent for major financial restructuring. The near-unanimous approval (including full promoter support) suggests minimal shareholder dissent, but the borrowing limit increase and asset disposal approvals give the board significant flexibility that investors should monitor closely.