Shree Rama Newsprint Limited — Others, 29-05-2025: Appointment

Shree Rama Newsprint has announced a board meeting on the approval of the audited financial results for the quarter and financial year ended March 31, 2025, with clean auditor opinions. The company posted total income of Rs 148.80 Cr and total expenses of Rs 81.25 Cr, resulting in a loss before tax of Rs 28.61 Cr from continuing operations. The discontinued paper division recorded a loss before tax of Rs 77.67 Cr, leading to a comprehensive loss of Rs 106.28 Cr for the year. Management is focusing on asset sales and funding plans to address a working capital deficit of Rs 63.27 Cr, which raises concerns over the company’s going concern status. Mr. Shubham Ajmera has been appointed as Company Secretary and compliance officer.