Rajshree Polypack Limited — Board/Management Information 2021

Feb 10, 2021

Rajshree Polypack Limited

MFG of Plastic Rigid Sheets & Thermoformed Packaging Products Regd Office.: Unit No.503·504, Lodha Supremus, Road No. 22, Near New Passport Office, Wagle Estate, Thane (W) • 400604.1ndia. w Tel. No.: + 91-22 25818200 1 Fax No.: + 91-22 25818250 1 E-mail : info@formpack.co.in 11J website: www.rajshreepolypack.com GIN: L25209MH2011PLC223089

To,

National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051

SYMBOL:- RPPL

Dear Sir,

Subject: Outcome of Board Meeting

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), this is to inform that the Board of Directors of the Company at their meeting held on Wednesday, February 10, 2021, has, inter alia, considered and approved the followings items of agenda:

• 1. Appointment of Mr. Anand Sajjankumar Rungta (DIN:- 02191149) as an Additional Director (Non-Executive) on the Board ofthe Company pursuant to the provisions ofthe Companies Act, 2013. The brief details of information as required under Regulation 30 of SEBI Listing Regulations is enclosed herewith as Annexure I.
• 1. Appointment of M/s. CAS & Co., as an Internal Auditor of the Company for the Financial Year 2020-2021. The brief details of information as required under Regulation 30 of SEBI Listing Regulations is enclosed herewith as Annexure II.
• 1. The Board ofDirectors ('Board') ofthe Company, discussed the potential migration of listing I trading of shares of the Company from SME Platform of NSE to Main Board of NSE ('potential migration'). The intent of the said potential migration is to unlock the value of being listed on the Main Board ofNSE.

The Board has authorised its Executive Committee to evaluate, prepare and present a draft road map enumerating details in connection with the proposed migration for the Board's consideration in due course.

The proposed migration, if approved by the Board, shall be subject to all requisite approvals and shall be governed by the provisions of Companies Act and other applicable laws and regulations. There can be no assurance that these approvals will be granted or the time involved therein.

The Company will make appropriate disclosures in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws as and when there is an occurrence requiring disclosure in relation to the potential migration. ·

Unit 1: Plot No. 32 & 33, Silver Industrial Estate, Bhimpore, Daman-396210 (U.T.) India. Unit II: Plot No. 370/2 (2) & 370/2 (3), Village-Kachigam, Vapi-Daman Road, Daman-39621 0 (U.T.) India. Unit Ill: Survey No. 184/1 (39), Panchal Udyog Nagar, Village- Bhimpore, Nani Daman-39621 0 (U.T.) India.

Rajshree Polypack Limited

MFG of Plastic Rigid Sheets & Thermoformed Packaging Products Regd Office.: Unit No.503·504, Lodha Supremus, Road No. 22, Near New Passport Office, Wagle Estate, Thane (W) • 400604.lndia. w Tel. No.: + 91-22 25818200 11@ Fax No.: + 91 -22 25818250 1 E-mail : info@formpack.co.in 11J website: www.rajshreepolypack.com GIN: L25209MH2011PLC223089

The meeting of the Board of Directors of the Company commenced at 01 :20 pm and concluded at 02.12 pm.

Kindly take the same on record and oblige.

FOR RAJSHREE POLYP ACK LIMITED .

~~ ~ Rajendra Shah

Mitali Company Secretary & Compliance Officer Memhership: A48197

Dilte; February 10, 2021 Place: Thane

Unit 1: Plot No. 32 & 33, Silver Industrial Estate, Bhimpore, Daman-39621 0 (U.T.) India. Unit II: Plot No. 370/2 (2) & 370/2 (3), Village-Kachigam, Vapi-Daman Road, Daman-39621 0 (U.T.) India. Unit Ill: Survey No. 184/1 (39), Panchal Udyog Nagar, Village- Bhimpore, Nani Daman-39621 0 (U.T.) India.

ANNEXURE II

Reason for Change	Appointment.
ofDate&term	With effect from February 10, 2021 for the Financial year 2020-2021.
Appointment
Brief profile	Mls. CAS & Co. (Formerly known as K.M. Tulsian & Associates) was
	established in 1986 with a vision to become a true professional firm
	providing value added services and solutions. The firm is in Category
	II in the RBI List. It is a Multi-disciplinary firm which has been in
	existence for around three decades and catered to over 100 plus client
	groups across diverse sectors. It operates through 6 service verticals led
	by 5 Partners. The range of services include Audit & Attestation I
	Governance, Risk & Compliance I Direct & Indirect Tax Advisory I
	Transaction & Business Advisory I Valuations.
	They are well equipped with a highly skilled, well trained & strongly
	motivated team delivering quality services to the clients.
	The firm is supported by about 37 Qualified, Semi Qualified Executives
	& articles.
ofDisclosure	Mls. CAS & Co. is not related to any Director of the Company.
Relationships
between directors

ANNEXURE I

Reasonsfor	Appointment.
Change
Date & term of	February 10,2021 till date of the ensuing General Meeting of the Company,
Appointment	and subject to the approval of the shareholders in the general meeting for
	appointment as a Non-Executive Director to hold office, which shall be liable toretire by rotation.
Brief profile	Mr. Anand Sajjankumar Rungta is presently a Partner in Orbit Industries and
	BobsonIndustrieswhichundertakesvanousactivitiessuchas
	manufacturing, trading, import and export, commission agency of plastic
	items and other products.
	He has passed the first year course of Bachelor's degree of Commerce from
	University of Mumbai. He has an experience of more than eight (8) years in
	textile and transportation industry.
	Mr. Anand Sajjankumar Rungta also forms part of the Promoter Group of
	the Company.
ofDisclosure	Mr. Anand Sajjankumar Rungta IS not related to any Director of the
Relationships	Company.
between
directors
Shareholding	He holds 189513 equity shares ofthe Company.