N R Agarwal Industries Limited — Others, 28-05-2025: Change in Management

NR Agarwal Industries Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The company posted total income of ₹1690.43 Cr for the year with a net profit of ₹17.65 Cr, impacted by pricing pressure in paper and board segments. The Board approved a final dividend of 20% (₹2 per share) pending shareholder approval. Leadership updates include re-appointing three Executive Directors and appointing a Senior Managerial Personnel. The registered office will shift from Mumbai to Sarigam, Gujarat, and M/s. Parikh & Associates have been appointed secretarial auditors for five years. Borrowings rose to ₹501.32 Cr, maintaining an ICRA A credit rating.