Submission of SIPM 67th Annual Report FY 2025-26

THE SOUTH INDIA PAPER MILLS LIMITED Regd. Office & Factory : Chikkayana Chatra, Nanjj angud - 571302, l{anmlnk: it: at;e, iIndia Cl:pomu & Marketing Office : # 1205/ 1206, Prestige Meridian 11, M.G Road, Bang: Ref: Stock- Ex/Reg 34(1)/ 2024/ 855 24.08.2026 BSE Limited 25" Floor, Phiroze JeejeebhoyTowers Dalal Street Mumbai 400 001 Tel: (022) 2272 1233/34 Dear Sir, Sub: Notice of 67f'i\nnuul General Meeting Scrip Code : 514108 CbW oee fw ehi t co .i nn fo Tr hm ry so du yt ,h at t 7h %e 4 S7 et tA en mnu ba el G 2e 0n 2e 6r al tM ee 1t 1i .n 3g .o af ou tr C roo um gp an Vy w eil ol ARP neu q nrs u uu i aa r ln e t m e en nt to es r) R lRe e g g Mu u el l ea a tt t ii i no o gnn ,s , w3 24 h0( i1 1 c) 5 w o hef sa rS beEB esI eu b nm( iL si t es t nt ii tnn g g oh O e ab r ll le i w tg i ha t et h i o Mtn h es e N boa etn rid sc e o hfDi ots hcl e ho as 4u vr 7 ee er le eg ci ts rt oe nr ie cd mt ohe di er ,e om na i 2l -a 0d 8d -2r 0e 2s 6s .e s with the Company / Depositories, through eC vu ot io nff ad ta t te f Aor d Met ie r 1mi 0n i Sn eg tt ehe be eli rg i 2bi 0l 2i 6t .y of the members to vote by remote Kindly take the same on your records. Thanking you, Yours faithfully For THE SOUTH INDIA PAPER MILLS LD Digitally signed by, Vidya Bhat e istos.e 172954 40530 Vidya Bhat Company Secretary Encl: as above SIPM — CIN (Corporate Identity No.) L85110KA19S9PLC001352 FACTORY : PHONE : (91) (08221) 228265-67 CORPORATE : PHONE : (91) (080) 41123605 ) E-mail : marketing@sipaper.com Grams : PAPERMILLS Website : www.sipaper.com SIPM NOTICE OF THE 67" ANNUAL GENERAL MEETING Notice is hereby given that the Sixty Seventh Annual General Meeting of The South India Paper Mills Limited will be held on Thursday, the 17% September 2026 at 11.30 am by Video Conferencing (VC) to transact the following business: Ordinary Business: 1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026 and Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date and the Report of the Directors and the Auditors thereon. To appoint a Director in place of Mr. Ajay D Patel (DIN 00466905) who retires by rotation and is eligible for reappointment. Special Business: 3. APPROVAL FOR CONTINUATION OF APPOI NT OF MR HARSHAD NATVARLAL MODI (DIN 00167613) IN TERMS OF REGULATION 17 (1A) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 To consider and if thought fit, to pass with or without modifications, the following Resolution as SPECIAL RESOLUTION: RESOLVED THAT pursuant to Regulation 17 (1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and other applicable provisions, if any, of the Companies Act, 2013 and Rules framed thereunder, and as per the recommendation of Nomination & Remuneration Committee and the approval of the Board, consent of the members be and is hereby accorded for the continuation of Mr. Harshad Natvarlal Modi (DIN 00167613) as the Non Executive Director of the Company, liable to retire by rotation, notwithstanding him attaining the age of 75 years. APPROVAL OF REMUNERATION IN TERMS OF SCHEDULE V OF COMPANIES ACT 2013 - FOR THE REMAINING TENURE OF THE MANAGING DIRECTOR MR MANISH M PATEL(DIN 00128179) To consider and, if thought fit, to pass with or without modifications, the following Resolution as a SPECIAL RESOLUTION: RESOLVED THAT pursuant to the provisions of Sections 197 and 198 read with PART II of Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (hereinafter referred to as the “Act™) and the Rules framed thereunder, (including any statutory modifications or re-enactment thereof, for the time being in force), the Articles of Association and applicable provisions of SEBI (LODR) Regulations and pursuant to recommendation of the Nomination & Remuneration Committee and the Board of Directors of the Company, consent of the members be and is hereby accorded for payment of remuneration as follows , to Mr. Manish M Patel (DIN: 00128179), Managing Director, for the remaining period of the tenure of his appointment i.e upto 19-05-2029. 67th Annual Report 2025-2026 (1) Remuneration in years of adequate profits: Salary at the present rate of ¥7.50,000 (Rupees Seven Lakh Fifty Thousand Only) per month, with annual increments as may be determined by the Board of Directors from time to time, as monthly Salary plus, perquisites as enumerated in the explanatory statement annexed to the Notice convening this Meeting and a variable remuneration in the form of commission at the rate of 2%of the net profits of the Company computed in the manner laid down under Section 198 of the Companies Act, 2013, provided that aggregate remuneration comprising of monthly salary, commission on net profits and value of perquisites shall not exceed 5% of the net profits of the Company, subject to overall managerial remuneration to Managing Director and Whole Time Director not exceeding 10% of the net profits of the Company, computed with reference to Section 198 of the Companies Act 2013 for any financial year in which the Company has adequate profits; (2) Minimum remuneration in years of loss / inadequate profits: In the event of any inadequacy or absence of profits in any financial year or years during the currency of the tenure of Mr. Manish M Patel (DIN: 00128179) as Managing Director, the Company shall continue to pay him the remuneration comprising monthly salary, commission on net profits and the perquisites as set out in paragraph (1) above, as minimum remuneration subject to the limits, conditions and ceilings specified in Section IT of Part II of Schedule V to the Companies Act, 2013, as amended from time to time; RESOLVED FURTHER THAT save and except as modified hereinabove, all other terms of the appointment of Mr. Manish M Patel (DIN: 00128179) as Managing Director, as approved and passed by the Members at their Annual General Meeting held on 21st September 2023, shall continue to remain in full force and effect; RESOLVED FURTHER THAT the Board of Directors of the Company (including any Committee thereof) and/or the Company Secretary be and are hereby severally authorised to do all such acts, deeds, matters and things and to take all such steps as may be necessary, proper or expedient to give effect to this Resolution, including filing of the requisite forms and returns with the Registrar of Companies and other statutory/ regulatory authorities, and to settle any question, difficulty or doubt that may arise in this regard. APPROVAL OF MINIMUM MANAGERIAL REMUNERATION IN TERMS OF SCHEDULE V OF COMPANIES ACT 2013 - FOR THE REMAINING TENURE OF MR. KANISHKA HARSHAD MODI (DIN: 10260282), WHOLE TIME DIRECTOR . To consider and, if thought fit, to pass with or without modifications, the following Resolution as a SPECIAL RESOLUTION RESOLVED THAT pursuant to the provisions of Sections 196, 197 and 198 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 (hereinafter referred to as the “Act”) and the Rules framed thereunder, (including any statutory modifications or re-enactment thereof, for the time being in force), Articles of Association and applicable provisions of SEBI (LODR) Regulations and pursuant to recommendation of the Nomination & Remuneration Committee and the Board of Directors of the Company, consent of the members be and is hereby accorded for payment of remuneration as follows, to Mr. Kanishka Harshad Modi (DIN: 10260282), Whole Time Director, for the remaining period of the tenure of his appointment ie.upto 14.12.2028. SIPM (1) Remuneration in years of adequate profits: Salary at the present rate of 3.5,00,000 (Rupees Five Lakh Only) per month, with annual increments as may be determined by the Board of Directors from time to time, as monthly remuneration and allowance & perquisites as enumerated in the explanatory stat [Showing first 8,000 characters — download PDF for full document]