Balkrishna Paper Mills Limited has announced the disposal of machineries at its Ambivali factory in compliance with SEBI (LODR) Regulations, 2015. The company filed the disclosure on March 14, 2026, providing comprehensive details of the transaction to stock exchanges.

Transaction Overview

The machinery disposal represents a significant transaction for the company, with detailed financial implications outlined in the regulatory filing.

Financial Impact and Company Performance

The Ambivali factory operations contributed significantly to the company's overall performance during the year ended March 31, 2025. The unit generated substantial revenue representing a major portion of the company's total operations.

Transaction Details and Compliance

The disposal transaction has been structured to ensure full regulatory compliance and transparency. The company has confirmed that the buyer, Symcom Exim Pvt Ltd, has no relationship with the promoter group, directors, or key management personnel of Balkrishna Paper Mills Limited.

Key compliance aspects include:

• The transaction does not fall within related party transactions
• The sale is conducted on an arm's length basis
• The disposal is outside any scheme of arrangement
• Necessary shareholder approval obtained through postal ballot on February 13, 2025

Regulatory Framework

The announcement was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, following the guidelines specified in SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure was signed by Omprakash Singh, Company Secretary and Compliance Officer, ensuring proper authorization and documentation.

The transaction represents a strategic decision by the company to dispose of machinery assets at its Ambivali location, with the financial proceeds potentially supporting the company's operational requirements and strategic initiatives.

Balkrishna Paper Mills Limited has announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, showcasing a mixed performance with improved revenue but continued operational challenges.

Quarterly Financial Performance

The company's Q3FY26 results demonstrate significant revenue growth alongside persistent losses from continuing operations. The financial metrics reveal both progress and ongoing challenges in the company's operational performance.

Nine-Month Performance Analysis

For the nine-month period ended 31st December, 2025, Balkrishna Paper Mills recorded total income from operations of ₹388.75 lakhs compared to ₹172.64 lakhs in the corresponding period of the previous year. The net loss from continuing operations for the nine-month period stood at ₹474.41 lakhs against ₹527.16 lakhs in the previous year, indicating some improvement in loss reduction.

Discontinued Operations Impact

The company's discontinued operations showed a net loss of ₹12.87 lakhs in Q3FY26 compared to ₹37.93 lakhs in Q3FY25. For the nine-month period, discontinued operations recorded a loss of ₹94.77 lakhs versus ₹160.48 lakhs in the previous year, demonstrating improvement in this segment.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹3,221.95 lakhs with a face value of ₹10 per share. The earnings per share from continuing operations was ₹0.63 loss per share in Q3FY26 compared to ₹0.44 loss per share in Q3FY25. Total EPS including all operations was ₹0.07 loss per share for Q3FY26.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 7th February, 2026. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with detailed formats available on stock exchange websites and the company's official website.