Shree Rama Newsprint has announced a board meeting and is selling equipment from its paper division to generate Rs 5.91 Cr plus GST.

The paper division, contributing 1.87% to revenue and 41.27% to other income in FY25, showed a negative net worth impact.

Buyers include Genus Paper & Boards, Vizen Solutions, and Star Enterprise, with no related parties involved.

This move aims to unlock value from a non-core, underperforming segment following shareholder approval.