Balkrishna Paper Mills Ltd

📉 Balkrishna Paper Mills Reports FY2026 Losses; Leadership Reappointments Underway

- Net loss of ₹688.58 lakhs for the year ended March 31, 2026.

- Negative net worth of ₹17,544.16 lakhs as of March 31, 2026.

- Reappointment of M/s. K. M. Garg & Co. as Internal Auditors for FY2026-27.

- Proposed reappointment of Shri Anuraag Poddar as Chairman and Managing Director (2027-2030).

- Proposed reappointment of Shri Manish Malpani as Whole-time Director & CFO (2026-2029).

- Proposed reappointment of Prof. (Dr.) Mangesh D. Teli as Non-Executive Independent Director (2026-2031).

- Discontinuation of paper and paperboard manufacturing at Ambivali.

- Financial results include a qualified audit opinion due to going concern uncertainties.