Sundaram Multi Pap Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Sundaram Multi Pap's board approved the financial results for the quarter ended June 30, 2025. The company reported revenue of ₹40.66 Cr, posting a net loss of ₹0.44 Cr. Auditors flagged concerns regarding trade receivables and inadequate provisions. In a strategic move, the company is exploring a potential acquisition of up to 53% stake in Sundaram Land and Assets. Advisors have been appointed for valuation and due diligence, with a final decision anticipated at the next board meeting on August 20. Additionally, M/s. GR Shah and Associates was appointed as Secretarial Auditor, pending shareholder approval.