Ballarpur Industries Limited
Ballarpur Industries is engaged in the business of manufacturing and selling of writing and printing paper.
What Ballarpur files
- Others62
- Board Meeting25
- Important19
- Updates9
- QIP/Rights/Pref.6
- Results4
Ballarpur Industries has announced its 81st AGM to adopt FY25-26 financial results. Shareholders are urged to update KYC and dematerialize physical shares, as payments for non-compliant physical holders will be electronic only.
79th & 80th Annual General Meetings called to approve financial results and Board Reports for FY23-24 & FY24-25. Annual Reports are available online. Shareholders are encouraged to update KYC details for electronic communication.
Ballarpur Industries' new management is reviving operations, selling Rs 18.61 Cr in paper/scrap. Consolidated loss narrowed to Rs (246.92) Cr. Auditor disclaimed opinion on consolidated financials due to unaudited subsidiary data and unaddressed fines, flagging going concern.
BILT emerged from insolvency with Finquest acquiring control, restarting operations which generated 9.18 Cr revenue. FY24 saw a 329.08 Cr consolidated loss, and auditors expressed concerns over past data. The new board restructured capital by issuing new shares and debentures.
Ballarpur Industries delays consolidated financial results for recent periods. This stems from unavailable subsidiary data following past insolvency. New management seeks an extension for filings and will hold a board meeting soon to adopt the outstanding results after finalization.