ALPHA TRIBE

Malu Paper Mills LimitedBoard Meeting, 23-05-2025: Outcome of Board Meeting

23-05-2025 | 06:44 pm

Malu Paper Mills has announced a board meeting on 23-May-2025 approving the financial results for the quarter and half-year, reporting a net loss of Rs 281.86 lakh for the quarter and Rs 1213.17 lakh for the year. The company faced margin pressure due to rising input costs but is pivoting strategically by focusing on writing and printing paper and enhancing its Kraft paper segment with plans to manufacture eco-friendly paper bags and sacks. The board approved key appointments: CS V. Ramachandran as Secretarial Auditor (5 years), Deepak Khanuja & Associates as Cost Auditors, and Samria & Co. as Internal Auditors for FY26. Independent Director CA Sahil Agrawal was approved for a second term starting November 2025. Management remains confident on the turnaround aided by promoter capital infusion and operational upgrades.

No comments yet. Be the first to comment!

All announcements from Malu Paper Mills Limited