Response to NSE query on audit qualifications for FY25 results

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BALKRISHNA · price

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Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹18.23

prior close

₹18.98

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%+0.6% vs market

Paper & Paper Products peers, median of 38sector+0.1%+1.3% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.3 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.4

15m

-2.5

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+0.9+0.6+0.1+1.3

Next day

-0.1+0.5-0.6-0.1-0.0

+3.7+0.7+2.9-0.1+3.8

-0.7+0.0-0.7-0.3-0.3

+2.0-2.0+4.0-1.3+3.3

+1.4-0.1+1.5-0.5+1.8

+0.1+1.4-1.3-0.0+0.1

15d

+0.1-1.4+1.5+2.8-2.7

+0.1+1.3-1.2+4.9-4.7

-8.4+3.8-12.2+1.2-9.7

-12.2+2.9-15.1+3.3-15.5

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Balkrishna Paper Mills has responded to an NSE query regarding its financial results for the quarter and year ended March 31, 2025, which were originally submitted on May 29, 2025. The company re-submitted the Statement on Impact of Audit Qualifications, signed by the CMD, CFO, Audit Committee Chairman and Statutory Auditor. Importantly, the company stated that certain figures are unascertainable and therefore not provided in the statement.

Likely market impact

Presence of audit qualifications with unascertainable figures signals accounting uncertainty and is a negative red flag for investors.