ALPHA TRIBE

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

13-08-2025 | 06:19 pm

Balkrishna Paper Mills has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported revenue from continuing operations of ₹1.12 Cr and a net loss of ₹1.76 Cr. A major concern for investors: auditors flagged a "going concern" uncertainty. This stems from the company's negative net worth of ₹170.69 Cr and the recent discontinuation of its paper manufacturing business. The board also approved a new Memorandum of Association, subject to shareholder approval. Investors should note these significant financial challenges.

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