Shree Krishna Paper Mills & Industries Ltd has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, alongside significant changes in its leadership structure.

Financial Performance

The company reported a mixed financial performance for Q2 FY26:

All figures in lakhs of rupees

The company's revenue from operations saw a substantial increase of 57.2% year-over-year in Q2 FY26. However, net profit for the quarter decreased significantly to Rs 1.22 lakhs from Rs 30.00 lakhs in the same period last year.

For the half-year ended September 30, 2025, Shree Krishna Paper Mills reported a total revenue of Rs 11,752.68 lakhs with a net profit of Rs 164.68 lakhs.

Leadership Changes

The company underwent several key leadership changes during the quarter:

1. Mr. Narendrakumar Pasari stepped down as Managing Director on August 21, 2025, and was appointed as Whole-time Director designated as "Executive Chairman" effective August 22, 2025.

2. Mr. Naynesh Pasari was re-designated as Managing Director, replacing his previous role as Whole-time Director, also effective from August 22, 2025.

3. Mrs. Yukti Gulati Chanana resigned from her position as Independent Director on August 5, 2025.

4. Mrs. Devika Ohri was appointed as an Independent Director, effective November 1, 2025.

Board Meeting and Audit Review

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 13, 2025. The meeting commenced at 2:00 PM and concluded at 4:00 PM at the company's registered office in New Delhi.

The Statutory Auditors, M/s Ashwani Garg & Associates, Chartered Accountants, have carried out a Limited Review of these financial results as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and issued an unmodified opinion.

Business Segment

Shree Krishna Paper Mills & Industries Ltd continues to operate in a single business segment, focusing on the manufacturing and sale of paper and related activities.

The company's management has stated that these results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013, as amended.

Investors and stakeholders can access more detailed information about these results on the company's website ( www.skpmil.com ) and the BSE website ( www.bseindia.com ).

Shree Krishna Paper Mills & Industries Ltd. has successfully completed its postal ballot process with overwhelming shareholder approval for all five proposed resolutions. The company announced the voting results on January 16, 2026, with all resolutions receiving 99.9952% approval from shareholders.

Postal Ballot Results Overview

The postal ballot, conducted through remote e-voting from December 17, 2025, to January 15, 2026, witnessed strong shareholder participation with 85.31% of total shares participating in the voting process.

Approved Resolutions and Corporate Actions

All five resolutions proposed in the postal ballot notice dated December 8, 2025, received requisite majority approval:

Mrs. Devika Ohri's Board Appointment

Shareholders approved the appointment of Mrs. Devika Ohri (DIN: 10399161) as Non-Executive Independent Director for a five-year term from November 1, 2025, to October 31, 2030. Mrs. Ohri, aged 38, brings 15 years of experience in communication leadership and coaching, with expertise in talent management and organizational transformation across the Paper and Chemical Industry.

Enhanced Financial Capacity

The approved resolutions significantly enhance the company's financial flexibility:

Related Party Transaction Approvals

Shareholders approved significant related party transactions for a ten-year period:

Voting Process and Compliance

The postal ballot was conducted in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 108 & 110 of the Companies Act, 2013. MUFG Intime India Private Limited served as the Registrar and Share Transfer Agent, managing the remote e-voting process through their platform.

Advocate Manish Kumar Bansal of Globiz Legal served as the Scrutinizer, confirming that all resolutions were passed with requisite majority. The voting results and scrutinizer's report are available on the company's website at www.skpmil.com and the RTA's e-voting platform at https://instavote.linkintime.co.in/ .