Financial Analyst Summary: Balkrishna Paper Mills Limited Regulatory Response
Communication Details
Date of Communication: June 29, 2026
Nature of Query: Response to NSE query regarding financial results submitted on May 29, 2025, specifically concerning the Statement on Impact of Audit Qualifications
Exchange Reference: NSE emails dated June 25, 2026 and reminder email dated June 28, 2026
Company's Clarification on Financial Results
The company has re-submitted the 'Statement on Impact of Audit Qualifications' for the quarter and year ended March 31, 2025
The statement is duly signed by:
Chairman & Managing Director
CFO
Audit Committee Chairman
Statutory Auditor
Critical Disclosure: All financial impact figures are stated as "unascertainable" and therefore not provided in the statement
The company's net worth stands at negative ₹16892.83 lakhs as at March 31, 2025
Manufacturing activity of paper and paperboard at Ambivali unit has been discontinued
Going Concern Uncertainty: The situation indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern
The company's ability to continue as a going concern is dependent on generation of expected cash flows to meet its obligations
Signatories and Authentication
Company Secretary: Omprakash Singh (Compliance Officer)
Statutory Auditors: D S M R & CO, represented by Shailendra Singh Rathore (Partner, Membership No. 600395)
