Sundaram Multi Pap Limited — Board Meeting, 29-03-2025: Outcome of Board Meeting

The board meeting approved the allotment of 1.75 crore Sweat Equity Shares each to Mr. Amrut Premji Shah and Mr. Shantilal Premji Shah, subject to in-principle approvals from BSE and NSE. This decision aligns with the Ordinary Resolution passed at the Extra-Ordinary General Meeting. The resolution is conditional upon receiving necessary regulatory approvals. This strategic move underscores the company's commitment to rewarding leadership while potentially enhancing shareholding stakes.