Shree Rama Multi-Tech Ltd Extends Preference Share Redemption Tenure; Announces Q1 Results and Director Reappointment

<h1>Shree Rama Multi-Tech Ltd Extends Preference Share Redemption Tenure; Announces Q1 Results and Director Reappointment</h1>

Shree Rama Multi-Tech Limited has approved a variation in the terms of redemption for its preference shareholders, alongside announcing its unaudited financial results for the quarter ended June 30, 2026. The company also confirmed the re-appointment of Shri Hemal R. Shah as a Whole-Time Director and finalized key details surrounding its upcoming Annual General Meeting (AGM).

The Board of Directors, during its meeting held on August 13, 2026, approved several material decisions regarding the company’s structure and governance. Specifically, the company decided to extend the tenure for the redemption of 7,66,666 units of 15% Cumulative Redeemable Preference shares (each valued at Rs. 100). The original redemption period has been extended by a further five years from its initial date.

In human resource updates, Shri Hemal R. Shah was re-appointed as a Whole-Time Director for three consecutive years, effective from November 27, 2026. The director possesses over 29 years of experience in the plastic and packaging industry and holds a Bachelor degree in Science and a Post-Graduation Diploma in Plastics.

<h2>Financial Performance Review</h2>

The company reported its unaudited financial results for the quarter ended June 30, 2026. These results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The results reflect changes across revenue generation and operational expenditure compared to the previous fiscal year's total performance.

Key figures from the Statement of Unaudited Financial Results for the quarter ended June 30, 2026, are presented below:


<h2>Auditor Review and AGM Details</h2>

The independent auditor's review report confirmed that the unaudited financial statements were prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting). The audit notes highlighted that consolidated financial results, as required by Ind AS 110, could not be prepared due to investment made into Shree Rama (Mauritius) Limited, a wholly-owned subsidiary. The company has invested Rs. 13.06 lakhs into equity shares and Rs. 18.60 lakhs in share application money in the subsidiary, which is declared Defunct under Mauritius law.

Regarding shareholder engagement, the company set key dates for its ensuing Annual General Meeting (AGM):

SHREERAMA Stock Price Movement​

Shares of Shree Rama Multi-Tech Limited are edging higher to ₹39.00 as of 2:06 PM today, climbing 1.62% in live trading. Despite the gain, the stock remains highly volatile near its yearly low, with over 112,040 shares transacted so far.