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Balkrishna Paper Mills responded to a BSE query, clarifying that the recent NCLT order regarding its share capital reduction scheme is procedural, not a material development.
Balkrishna Paper Mills Limited has filed its quarterly Integrated Corporate Governance Report for the quarter ended 30th September 2026.
Balkrishna Paper Mills Limited received return letters from BSE and NSE regarding its proposed Scheme of Reduction of Share Capital. The exchanges returned the draft scheme citing non-applicability of SEBI Regulation 37 as the scheme solely involves writing off accumulated losses. The company will continue to seek necessary approvals from the NCLT and shareholders.
Balkrishna Paper Mills Ltd submitted its quarterly certificate under Regulation 74(5) for the period ended March 31, 2026. The company confirmed that no share certificates were received for dematerialisation during this quarter. This is a routine regulatory compliance filing with no material impact on business operations.