Rajshree Polypack Limited

Rajshree Polypack Limited

Rajshree Polypack Limited has completed its investment in Jamnagar Renewables Two Private Limited, acquiring 0.7599% equity for Rs. 2.02 crore. This investment is part of a Group Captive Wind-Solar Hybrid power arrangement, fulfilling a previously disclosed term sheet. The transaction aims to secure renewable power procurement benefits and ensure compliance with applicable electricity laws for the company's operations.

Rajshree Polypack Limited

Rajshree Polypack Limited's Board of Directors has approved the re-appointment of Mr. Praveen Bhatia as a Non-Executive Independent Director for a second term of five years, commencing from June 24, 2026, to June 23, 2031. This re-appointment is contingent upon shareholder approval. Mr. Bhatia, a Chartered Accountant with over 33 years of experience in finance and advisory, satisfies the independence criteria and is not debarred by any regulatory authority. This ensures continuity in the company's independent oversight.