ALPHA TRIBE

Balkrishna Paper Mills LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 06:48 pm

Balkrishna Paper Mills has announced a board meeting on August 13, 2025. The board approved its unaudited financial results for the quarter ended June 30, 2025, showing revenue from continuing operations at ₹1.12 Cr and a net loss of ₹1.76 Cr. A new Memorandum of Association was also approved, pending shareholder consent. Significantly, the auditors flagged a "material uncertainty" about the company's ability to continue as a going concern, citing a negative net worth of ₹170.69 Cr and the discontinuance of paper & paperboard manufacturing. The company is now focused on trading.

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