Mohit Paper Mills Shareholders Approve All Resolutions at 33rd AGM Including Key Management Appointments

Mohit Paper Mills Limited held its 33rd Annual General Meeting on September 26, 2025 via video conferencing. Shareholders approved all seven resolutions with overwhelming support. Key approvals included adoption of audited standalone financial statements for the year ended March 31, 2025, re-appointment of Mrs. Shubhi Jain as director, re-appointment of Mr. Sandeep Jain as Chairman and Managing Director, and re-appointment of Mr. Pradeep Rajput Kumar as Whole Time Director. The company also secured approval for appointing Mr. Mohit Jain to an office of profit and ratified the cost auditor's remuneration. Additionally, Mr. Ankit Jain was appointed as Secretarial Auditor for up to five consecutive years. The voting saw 64.03% participation from outstanding shares, with promoter and promoter group holding 8,970,707 shares and public non-institutions holding 5,029,293 shares. All resolutions received 100% approval except for the cost auditor remuneration ratification, which received 99.9978% support with minimal opposition of 200 votes.

Mohit Paper Mills Shareholders Approve Appointment of Praveen Goyal as Independent Director

Mohit Paper Mills Limited shareholders approved the appointment of Mr. Praveen Goyal (DIN: 11104068) as a Non-Executive Independent Director through postal ballot. The special resolution was passed with 100% approval from 8,962,298 votes cast through remote e-voting. The voting process ran from July 10th to August 8th, 2025, with a cut-off date of July 4th, 2025. Out of 10,292 total shareholders and 14,000,000 total shares, approximately 64% of shares participated in the voting. The postal ballot notice was dispatched electronically on July 9th, 2025. Mr. Ankit Jain from M/s Agarwal S. & Associates served as the scrutinizer for the e-voting process. MUFG Intime India Private Limited provided the e-voting platform services.