NIKITA2026-09-04NIKITA2026-09-042026-09-04RelatedPartyTransactionDomain1NIKITA2026-09-042026-09-04RelatedPartyTransactionDomain2NIKITA2026-09-042026-09-04RelatedPartyTransactionDomain3NIKITA2026-09-042026-09-04RelatedPartyTransactionDomain4NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain1NIKITA2026-09-04ResolutionOrAgendaDomain1NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain2NIKITA2026-09-04ResolutionOrAgendaDomain2NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain3NIKITA2026-09-04ResolutionOrAgendaDomain3NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain4NIKITA2026-09-04ResolutionOrAgendaDomain4NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain5NIKITA2026-09-04ResolutionOrAgendaDomain5NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain6NIKITA2026-09-04ResolutionOrAgendaDomain6NIKITA2026-09-042026-09-04ResolutionOrAgendaDomain7NIKITA2026-09-04ResolutionOrAgendaDomain7iso4217:INRxbrli:pureNIKITANIKITA GREENTECH RECYCLING LIMITEDNew2026-09-3011:00:00NOTICE is hereby given that the 37th (Thirty-Seventh) Annual General Meeting of the Members of Nikita Greentech Recycling Limited (formerly known as Nikita Papers Limited) (“the Company”) will be held on Wednesday, September 30, 2026 at 11:00 A.M. (IST) through Video Conferencing (“VC”) or Other Audio-Visual Means (“OAVM”). 2026-09-04Annual General MeetingVideo Conference (VC) or Other Audio-Visual Means (OAVM)37th Annual General MeetingWednesday2026-09-3011:00:00The 37th Annual General Meeting of Nikita Greentech Recycling Limited (formerly known as Nikita Papers Limited) will be held through VC or OAVM, hence the deemed venue for the 37th AGM shall be the Registered Office of the Company i.e., A-10, Floor Ist, Land Mark Near Deepali Chowk, Saraswati Vihar, Pitampura, North West, New Delhi,Delhi, India, 110034.7General Remarks: <BR> <BR> The proposed Related Party Transaction(s) comprise acceptance of secured and/or unsecured loans and/or other financial assistance from Mr. Ashok Kumar Bansal, Mr. Sudhir Kumar Bansal, Mr. Ayush Bansal and Mrs. Sandhya Bansal, being Directors and Promoters of the Company, with an aggregate overall limit of up to INR 70,00,00,000/- (Rupees Seventy Crores Only) collectively from all four related parties. The said limit represents a common aggregate ceiling and is not intended to constitute a fixed or equal allocation of INR 17.50 Crores to each individual lender. For the purpose of validating and reporting the transaction-wise particulars in the prescribed XBRL format, the aggregate approved limit of INR 70 Crores has been apportioned equally among the four proposed lenders, resulting in INR 17.50 Crores being reported against each party. The tenure dates mentioned in the XBRL reporting have similarly been provided as October 1, 2026 to March 31, 2027, being the period commencing immediately after the proposed approval at the 37th Annual General Meeting (if granted) scheduled on September 30, 2026 and ending with the close of the relevant financial year, solely for the purpose of completing the prescribed XBRL reporting fields. The actual tenure/maturity, amount availed from each lender, rate of interest, repayment schedule, security and other commercial terms shall be mutually agreed between the Company and the respective lender and shall be recorded in the definitive loan agreements/documents. Mr. Sudhir Kumar BansalNikita Greentech Recycling LimitedChairman & Executive Director and Promoter holding equity shares in the Counterparty i.e., Company.Loan1750000002026-10-012027-03-31The tenure of the proposed borrowing arrangement shall be such period as may be mutually agreed between the Company and the respective lenders and recorded in the definitive agreements / loan documents.Mr. Ashok Kumar BansalNikita Greentech Recycling LimitedManaging Director and Promoter holding equity shares in the Counterparty i.e., Company.Loan1750000002026-10-012027-03-31The tenure of the proposed borrowing arrangement shall be such period as may be mutually agreed between the Company and the respective lenders and recorded in the definitive agreements / loan documents.Mr. Ayush BansalNikita Greentech Recycling LimitedWhole Time Director and Promoter holding equity shares in the Counterparty i.e., Company.Loan1750000002026-10-012027-03-31The tenure of the proposed borrowing arrangement shall be such period as may be mutually agreed between the Company and the respective lenders and recorded in the definitive agreements / loan documents.Mrs. Sandhya BansalNikita Greentech Recycling LimitedExecutive Director and Promoter holding equity shares in the Counterparty i.e., Company.Loan1750000002026-10-012027-03-31The tenure of the proposed borrowing arrangement shall be such period as may be mutually agreed between the Company and the respective lenders and recorded in the definitive agreements / loan documents.Ordinary ResolutionAdoption of Financial StatementsTo receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.Ordinary ResolutionOthersOthersAppointment- Re-Appointment of Director Liable to Retire by Rotation.To appoint a Director in place of Mrs. Sandhya Bansal (DIN: 09190361), who retires by rotation and being eligible, offers herself for re-appointment.Special ResolutionOthersAlteration in MoA/AoAAlteration of the Object Clause of the Memorandum of Association of the Company to expand the scope of the Company’s business activities, including paper and recycling, EPR and environmental activities, Government and non-Government collaborations, generation and sale of electricity, sale of gas/gaseous by-products, investment of surplus funds and provision of business-related loans and advances, subject to applicable laws.Special ResolutionAppointment/Re-appointment/Removal/Ratification/Retirement/RemunerationRe-appointmentRe-appointment of Mr. Ayush Bansal (DIN: 00774900) as Whole-Time Director of the Company for a further period of five years from April 1, 2026 to March 31, 2031, along with approval of the terms and remuneration payable to him, in accordance with the Companies Act, 2013 and applicable laws.Executive DirectorMr. Ayush Bansal007749002026-04-012031-03-311Special ResolutionAppointment/Re-appointment/Removal/Ratification/Retirement/RemunerationRe-appointmentRe-appointment of Mrs. Sandhya Bansal (DIN: 09190361) as Executive Director of the Company for a further period of five years from November 30, 2026 to November 29, 2031, along with approval of the terms and remuneration payable to her, in accordance with the Companies Act, 2013 and applicable laws.Executive DirectorMrs. Sandhya Bansal091903612026-11-302031-11-291Special ResolutionOthersAlteration in MoA/AoAShifting of the Registered Office of the Company from the State of Delhi to the State of Uttar Pradesh and consequent alteration of Clause 2 of the Memorandum of Association, subject to the approval of the Regional Director and other applicable statutory and regulatory authorities.Special ResolutionRelated Party TransactionApproval of Material Related Party Transaction(s) for acceptance of secured and/or unsecured loans from certain Directors of the Company, aggregating up to INR 70 Crores, including applicable interest and an enabling provision for possible conversion of such loans into equity shares or other eligible securities, subject to applicable laws and approvals.