Shree Rama Newsprint Limited — Important, 11-06-2025: General Updates
11-06-2025 | 08:01 pm
11-06-2025 | 08:01 pm
Shree Rama Newsprint has announced a board meeting and is selling equipment from its paper division to generate Rs 5.91 Cr plus GST. The paper division, contributing 1.87% to revenue and 41.27% to other income in FY25, showed a negative net worth impact. Buyers include Genus Paper & Boards, Vizen Solutions, and Star Enterprise, with no related parties involved. This move aims to unlock value from a non-core, underperforming segment following shareholder approval.
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