Ballarpur Industries Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Ballarpur Industries has announced a board meeting where it approved the standalone financial results for the quarter ended June 30, 2025, reporting a net loss of ₹23.27 Cr on revenues of ₹1.83 Cr. The board also approved the allotment of ₹28 Cr worth of 0.01% unlisted preference shares to Finquest Financial Solutions as part of ongoing fundraising efforts. Additionally, Mr. Alok Prakash, CEO, has been appointed as the Whole Time Director. The company continues to focus on asset sales, including a recent ₹8 Cr depot land sale, and securing funds for operational revival.