The India based Neutrino Observatory (INO) is a mega science project of India, which is going to use near about 30, 000 Resistive Plate Chambers (RPC) as active detector elements for the study of atmoshpheric neutrino oscillations. Each RPC detector will consist of two orthogonally placed readout strips panel for picking the signals generated in the gas chamber. The area of RPC detector in INO-ICAL (Iron Calorimeter) experiment will be 2m × 2m, therefore the dimension of readout strips panel will also be of 2m × 2m. To get undistorted signals pass through the readout strips panel to frontend electronics, their Characteristic Impedance should be matched with each other. For the matching of Characteristic Impedance we have used the principle of termination. In the present paper we will describe the need and search of new dielectric material for the fabrication of flame resistant, waterproof and flexible readout pickup strips panel. We will also describe the measurement of Characteristic Impedance of plastic honeycomb based readout strips panel and Silicon Fiber sheet based readout strips panel in a comparative way, and its variation under loading and with time.