Rama Paper Mills Ltd — Important, 02-04-2026: Company Update

Raama Paper Mills Limited's Resolution Professional has received two resolution plans for the company, which is currently under Corporate Insolvency Resolution Process (CIRP). This action follows a directive from the National Company Law Tribunal, instructing the Committee of Creditors to re-evaluate resolution plans or consider open bidding. Fresh requests for proposals were issued to shortlisted bidders, culminating in the submission of these two plans. The received proposals have now been presented to the Committee of Creditors for their review, marking a crucial progression in the company's insolvency proceedings.