Balkrishna Paper Mills Limited — Board Meeting, 23-12-2025: Outcome of Board Meeting

Balkrishna Paper Mills board approved a capital reduction scheme to address ₹278.39 Cr accumulated losses and reflect true financials. Equity face value reduced from ₹10 to ₹1. ₹1100 Cr preference shares will be cancelled; payment pending funds, recorded as a loan. Aims to rationalize capital for future opportunities.