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Shree Rama Newsprint Limited has entered into an agreement for the sale of its paper division, which is set to complete by April 30, 2025. The division contributed approximately ₹1.57 crore (3.22%) to the total revenue for the financial year ending March 2024, along with other income comprising ₹1.19 crore (47.80%) of the company’s total income for the same period. The total consideration for this sale amounts to ₹840 crore plus applicable GST, and the buyer is Saloni Paper Machines Private Limited, with no affiliations to the promoter group. This strategic decision allows the company to focus on its core operations and could indicate a positive shift in its financial strategy. Investors should monitor this development for potential impacts on Shree Rama's operational focus and financial health moving forward.