Balkrishna Paper Mills Share Price Today

Balkrishna Paper Mills shareholders approve board reappointments

Balkrishna Paper Mills shareholders approved all 5 resolutions at its 13th AGM held on September 18, 2026. Anuraag Poddar was reappointed as CMD for a 3-year term starting February 2027. Manish Malpani was reappointed as CFO for a 3-year term starting December 2026. Promoter group voted unanimously in favour of all resolutions with 94.24% participation. Public non-institutional shareholders cast over 1.39 million votes, showing near-unanimous support.

Balkrishna Paper Mills schedules 13th AGM for September 18, 2026

Balkrishna Paper Mills scheduled its 13th AGM for September 18, 2026. Remote e-voting opens September 15 and closes September 17, 2026. Cut-off date for voting eligibility is September 11, 2026. Company reported a net loss of ₹651.63 lakh for FY26.

Balkrishna Paper Mills FY26 Results: Net loss widens to ₹651.63 lakh

Net loss widened to ₹651.63 lakh in FY26 from a profit of ₹818.65 lakh in FY25. Revenue from continuing operations doubled to ₹484.02 lakh, but finance costs rose to ₹607.95 lakh. Discontinued operations profit fell sharply to ₹36.95 lakh from ₹1,483.14 lakh due to lower exceptional items. Anuraag Poddar and Manish Malpani seek reappointment as CMD and CFO respectively. No dividend recommended; company has halted paper manufacturing and entered real estate.

Balkrishna Paper Mills Q1 Results: Net loss narrows to ₹1.80 crore

Balkrishna Paper Mills Ltd posted a Q1FY27 net loss of ₹1.79 crore, narrowing from ₹2.76 crore in Q4FY26. Operating income jumped 87% QoQ to ₹17.9 lakh, but losses persisted in both continuing and discontinued operations. EPS improved to -₹0.56 from -₹0.86.

Balkrishna Paper Mills reduces share capital to adjust losses

Balkrishna Paper Mills Limited received shareholder approval to reduce its share capital by lowering the face value of equity shares from ₹10 to ₹1 and cancelling ₹110 crore in preference shares to adjust accumulated losses of ₹52.28 crore. Additionally, shareholders approved material related party transactions with entities including Futuristic Concepts Media LLP, Sanchna Trading and Finance Limited, and S P Finance and Trading Limited, along with inter-corporate deposits of up to ₹25 crore each for FY 2026-27 and FY 2027-28 at an interest rate of up to 12% per annum.

Balkrishna Paper Mills resubmits audit impact statement for FY25

Balkrishna Paper Mills Limited resubmitted its Statement on Impact of Audit Qualifications for FY25 to the NSE, revealing a negative net worth of Rs.16892.83 Lakhs. The auditor flagged a material uncertainty regarding the company's status as a going concern following the discontinuance of manufacturing at Ambivali. Adjusted financial figures were deemed unascertainable.