B&B Triplewall Containers Limited has informed the Exchange about Outcome of Board Meeting held on August 30, 2025.
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B&B Triplewall Containers informed the exchanges that the Companies (Cost Records and Audit) Rules, 2014 do not apply to the company. Their Kraft Paper business falls under CETA Heading 4804, which is outside the scope of Serial No. 28 (Pulp and Paper) that covers only Headings 4701-4704 and 4801-4802. The company had inadvertently appointed a Cost Auditor (M/s. Ghosh Sanjib & Co.) and filed e-Form CRA-2 for FY 2024-25 by wrongly mentioning CETA Heading 4802. The Board has now noted this as a mistaken compliance and confirmed that no cost audit report (Form CRA-4) will be filed for FY 2024-25. A clarification will also be submitted to the Registrar of Companies.
This is a routine compliance correction with no material financial impact on shareholders. The company is proactively fixing a mistaken cost auditor appointment from FY 2024-25, and the clarification removes an unnecessary compliance obligation going forward.