Annual Report of the Company for the Financial Year 2025-26

SKPM/SEC.DEPT/2026-27 SEPTEMBER 3, 2026 BSE Limited Corporate Relationship Deptt. 1st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai-400001 Dear Sir/Ma’am Scrip Code: 500388 Sub: Annual Report of the Company for the Financial Year 2025-26 Dear Sir, The 54th Annual General Meeting of the Members of Shree Krishna Paper Mills & Industries Ltd. is scheduled to be held on Tuesday, September 29, 2026 at 11:00 A.M. IST through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). Pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith, the Annual Report of the Company for the Financial Year 2025-26 including notice as sent to the shareholders. Further, in accordance with the Regulation 36(1)(b) of Listing Regulations, a letter providing the web-link, where complete details of the Annual Report are available is being sent to those shareholders of the Company who have not registered their email addresses with Company/RTA/DPs. The requirements of sending physical copy of the Notice of the AGM and Annual Report to the Members have been dispensed with vide MCA Circular(s) and SEBI Circular. The Notice of the 54th AGM and the Annual Report are also being uploaded on the website of the Company at www.skpmil.com. Please take the above on your record and disseminate the same for the information of investors. Thanking You, For Shree Krishna Paper Mills & Industries Ltd. Ritika Priyam Company Secretary & Compliance Officer Mem No: A53502 Encl: As above Shree Krishna Paper Mills & Industries Ltd. Annual Report 2025-26 BOARD OF DIRECTORS BANKERS Mr. Narendra Kumar Pasari (Whole-time Director - Executive Chairman) Bank of India Mr. Naynesh Pasari (Managing Director) Bank of Baroda Mr. Dev Kishan Chanda (Non-Executive Non-Independent Director) Mr. Ashish Sharma (Independent Director) REGISTERED OFFICE Mr. Harish Kumar (Independent Director) 4830/24, Prahlad Street, Mrs. Devika Ohri * (Independent Director) Ansari Road, Darya Ganj, * Appointed w.e.f. November 1, 2025 New Delhi-110002 CIN : L21012DL1972PLC279773 Tel. : +91 11 46263200, 23261728 CHIEF FINANCIAL OFFICER Email : info@skpmil.com. Mr. Sanjiv Kumar Agarwal Website : www.skpmil.com COMPANY SECRETARY WORKS Mrs. Ritika Priyam Plot No.SPL-A & A-2 RIICO Industrial Area, STATUTORY AUDITORS Vill. Keshwana, Teh. Kotputli, M/s. Ashwani Garg & Associates Distt. Jaipur (Rajasthan) Chartered Accountants Pin – 303108 Delhi SHARE TRANSFER AGENT COST AUDITORS MUFG Intime India Private Limited M/s. Vijender Sharma & Co. Noble Heights, 1st Floor, Plot NH 2, C-1 Block Cost Accountants LSC, Near Savitri Market, Delhi Janakpuri, New Delhi-110058 Tel. : +91 11 49411000 SECRETARIAL AUDITORS Fax : +91 11 41410591 M/s. BLAK & Co. Email ID: investor.helpdesk@in.mpms.mufg.com Company Secretaries Ghaziabad, NCR CONTENTS Notice of AGM 1 Board’s Report • 22 Management Discussion and Analysis Report • 37 Corporate Governance Report • 39 Independent Auditor’s Report •54 Financial Statements • 63 Shree Krishna Paper Mills & Industries Ltd. Annual Report 2025-26 NOTICE NOTICE is hereby given that 54th Annual General Meeting liable to retire by rotation on such terms and conditions, of the Members of Shree Krishna Paper Mills & Industries including remuneration by way of salary, perquisites and Ltd. will be held on Tuesday, September 29, 2026 at 11:00 other allowances & benefits to be paid to him, as set-out A.M. (IST) through Video Conferencing (“VC”) / Other Audio- in the Explanatory Statement annexed to this Notice. Visual Means (“OAVM”) facility, to transact the following business: RESOLVED FURTHER THAT the Board of Directors including Nomination and Remuneration Committee ORDINARY BUSINESS: be and is hereby authorized to increase, alter, vary and modify the said terms and conditions of appointment 1. To receive, consider and adopt the Audited Financial (including remuneration) payable to Mr. Naynesh Pasari Statements of the Company for the financial year ended during his tenure, as per the provisions of the Act and March 31, 2026 together with Reports of the Board of the SEBI Listing Regulations, without seeking any further Directors and Auditors thereon. approval of the Members of the Company. 2. To appoint a Director in place of Mr. Narendra Kumar RESOLVED FURTHER THAT wherein any financial year, Pasari (DIN: 00101426), who retires by rotation and during the tenure of up to 3 (three) years of Mr. Naynesh being eligible, offers himself for re-appointment. Pasari as a Managing Director, if the Company has no profits or its profits are inadequate, the Company may pay SPECIAL BUSINESS: to Mr. Naynesh Pasari, the remuneration as set-out in the Explanatory Statement annexed to this Notice, including 3. To approve the re-appointment of Mr. Naynesh Pasari any revisions approved by the Board from time to time, as (DIN: 00519612) as Managing Director of the Company minimum remuneration, in accordance with the provisions and fix his remuneration of Sections 197, 198, Schedule V and other applicable provisions of the Act and the SEBI Listing Regulations. To consider and, if thought fit, to pass the following resolution as a Special Resolution: RESOLVED FURTHER THAT the total managerial remuneration payable to Mr. Naynesh Pasari, along with “RESOLVED THAT pursuant to the provisions of Sections Whole-time Director or other Executive Director(s) of the 196, 197, 198 and 203 and other applicable provisions, Company, in any financial year may exceed the limit of if any, of the Act read with the Schedule V of the Act, 10% of net profit and overall managerial remuneration the Companies (Appointment and Remuneration of payable to all Director(s) may exceed the limit of 11% of Managerial Personnel) Rules, 2014 and Regulation 17(1C) net profit of the Company, as prescribed under Section and other applicable Regulations, if any, of the Securities 197 of the Act, read with rules made thereunder. and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI RESOLVED FURTHER THAT the Board of Directors of Listing Regulations’) (including the rules, notifications, the Company be and is hereby authorized to do all such circulars, guidelines etc. issued thereunder), read with acts, deeds, things etc. and to sign all such documents applicable guidelines issued by the Central Government, and writings as may be necessary to give effect to from time to time and all other applicable statutes, laws, the aforesaid resolution and to deal with all matters rules, regulations, guidelines, circulars etc. issued by connected therewith or incidental thereto. ” other appropriate authority(ies), if any (including any statutory amendment or modification or re-enactment 4. To approve Material Related Party Transactions with thereof, for the time being in force) and in line with the Gopala Sales Private Limited Articles of Association and upon the recommendation of Nomination and Remuneration Committee of the To consider and, if thought fit, to pass the following Company and pursuant to the approval of the Board of resolution as an Ordinary Resolution: Directors of the Company, the approval of the Members be and is hereby accorded to re-appoint Mr. Naynesh Pasari “RESOLVED THAT pursuant to Regulations 23(4), 2(1) (DIN: 00519612), as Managing Director of the Company (zc), Schedule XII and other applicable Regulations of the for a period of 3 (three) years commencing from August Securities and Exchange Board of India (Listing Obligations 10, 2026 to August 09, 2029 (both days inclusive), not and Disclosure Requirements) Regulations, 2015 (‘LODR’), Shree Krishna Paper Mills & Industries Ltd. Annual Report 2025-26 as amended from time to time, read with SEBI Circulars of the Company, without being required to seek any prescribing minimum information to be provided to the further consent or approval of the Members an [Showing first 8,000 characters — download PDF for full document]