Rama Paper Mills Ltd — Important, 02-05-2026: Company Update

Raama Paper Mills Limited's Committee of Creditors has approved the Resolution Plan submitted by Poddar Global Private Limited, with a strong 99.38% voting share. This marks a critical step in the company's ongoing insolvency process. The approved plan will now be submitted to the National Company Law Tribunal (NCLT) for its final approval. Once sanctioned by the NCLT, the resolution plan will become binding on all parties involved, including the company, employees, and creditors, signaling a clear path forward for the business.