Ballarpur Industries Limited — Others, 26-05-2025: Resignation

Ballarpur Industries has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025, with statutory auditors issuing a modified opinion on the audit. Approval of consolidated financial results for prior periods has been deferred. The company allotted 57 lakh unlisted non-cumulative redeemable preference shares worth INR 57 Cr to Finquest Financial Solutions Pvt Ltd. CFO Hardik B. Patel resigned for personal reasons, succeeded by Anil Mehta, a Chartered Accountant with over 20 years of experience. Company Secretary Punit A. Bajaj will resign effective June 30, 2025.