Arms Paper Ltd, at its board meeting held on May 13, 2013, appointed Rushal Patel, Yogesh Varla and Pawanjitsingh Negi as additional directors of the company. The board has appointed Yogesh Varla as executive director of the company for the period of 3 years from May 13, 2013. Hemanth Mehta and Arvind Baldwa have tendered their resignation from the post of directors of the company with immediate effect.

Arms Paper Ltd, Board Meeting, May 13, 2013. Agenda: To consider shift of registered office and to consider director appointments.

Arms Paper Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, net sales/income from operation was INR 140.410 million against INR 14.177 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 0.766 million against loss from operation before other income, finance cost and exceptional item of INR 0.370 million a year ago. Profit form ordinary activities before tax was INR 0.763 million against INR 1.378 million a year ago. Net profit was INR 0.531 million or INR 0.10 per basic and diluted share against INR 0.952 million or INR 0.17 per basic and diluted share a year ago. For the nine months, net sales/income from operation was INR 154.794 million against INR 32.772 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 2.225 million against loss from operation before other income, finance cost and exceptional item of INR 1.253 million a year ago. Profit form ordinary activities before tax was INR 2.219 million against INR 3.937 million a year ago. Net profit was INR 1.470 million or INR 0.27 per basic and diluted share against INR 2.720 million or INR 0.49 per basic and diluted share a year ago.