Sundaram Multi Pap Limited — Board Meeting, 27-01-2025: Outcome of Board Meeting

The board meeting approved the issuance of 1.75 crore Sweat Equity Shares each to Managing Director Mr. Amrut Premji Shah and Whole-Time Director Mr. Shantilal Premji Shah, recognizing their exceptional service over 40 and 25 years, respectively. This issuance is subject to shareholder approval at the forthcoming Extra Ordinary General Meeting scheduled for February 24, 2025. The board also approved the EGM notice and remote e-voting for resolutions from February 21 to February 23, with a cut-off date of February 17 for eligibility. M/s. Vishwas Sharma & Associates will serve as the scrutinizer for the meeting.