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Sundaram Multi Pap's Board has announced a board meeting outcome, approving Q1 FY26 standalone financial results. Revenue from operations hit Rs 40.66 Cr, while the company reported a net loss of Rs 0.44 Cr for the quarter.
Strategically, the Board is evaluating a potential acquisition of up to 53% equity in Sundaram Land and Assets Private Limited. Professional advisors are now appointed for valuation and due diligence. A final decision is pending, with a follow-up board meeting scheduled for August 20, 2025, to discuss this and the upcoming AGM notice.