News

Balkrishna Industries Limited informed the National Company Law Tribunal (NCLT) that it has received an order of admission for a scheme of capital reduction. The scheme involves writing off accumulated losses by utilizing the balance in the Securities Premium Account and adjusting the paid-up equity share capital by reducing the face value of each share from Rs 10 to Rs 1. Additionally, the company proposes to reduce its outstanding 6.5% non-cumulative redeemable preference shares. The NCLT has directed the company to serve notices to secured and unsecured creditors, the Central Government, the Registrar of Companies, the Securities and Exchange Board of India, stock exchanges, and the Income Tax Authority, and to publish notices in newspapers.

Balkrishna Paper Mills Limited, in a filing with the BSE Limited and National Stock Exchange of India Limited on October 5, 2026, confirmed compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, based on a certificate received from Purva Sharegistry (India) Private Limited for the quarter ended September 30, 2026, regarding the confirmation of securities received for dematerialization and subsequent mutilation and cancellation.

Balkrishna Paper Mills Limited informed the BSE Limited and National Stock Exchange of India Limited that the trading window for dealing in the company`s securities will be closed from October 1, 2026, until 48 hours after the financial results for the quarter and half year ended September 30, 2026, are communicated to the stock exchanges.

Balkrishna Paper Mills will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Net loss of Balkrishna Paper Mills reported to Rs 2.76 crore in the quarter ended March 2026 as against net profit of Rs 6.96 crore during the previous quarter ended March 2025. Sales declined 46.71% to Rs 0.89 crore in the quarter ended March 2026 as against Rs 1.67 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 6.52 crore in the year ended March 2026 as against net profit of Rs 8.19 crore during the previous year ended March 2025. Sales rose 103.88% to Rs 4.73 crore in the year ended March 2026 as against Rs 2.32 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales0.891.67 -47 4.732.32 104 OPM %-30.34-10.78 --19.24-36.64 - PBDT-2.14-1.38 -55 -6.88-6.62 -4 PBT-2.14-1.38 -55 -6.89-6.64 -4 NP-2.766.96 PL -6.528.19 PL Powered by Capital Market - Live News