UpdatesOther Restructuring
The company's board has approved a capital reduction to offset ₹278.39 Cr accumulated losses.
Balkrishna Paper Mills LimitedBALKRISHNA · Filed with the exchange
Equity face value reduces from ₹10 to ₹1. ₹1100 Cr preference shares are cancelled, converting to an unsecured, non-interest-bearing loan.
This move aims to rationalize capital for new real estate ventures.
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