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

Ballarpur Industries Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. Auditors Batliboi & Purohit issued a modified opinion on the standalone financials. Approval of consolidated results for prior quarters and the year ended March 31, 2024, has been deferred. The board approved issuing 57 lakh non-cumulative redeemable preference shares worth ₹57 Cr to Finquest Financial Solutions Pvt. Ltd. Key management changes include the resignation of CFO Hardik B. Patel and Company Secretary Punit A. Bajaj, with Anil Mehta appointed as the new CFO.