Ballarpur Industries Limited has informed the Exchange about General Updates Intimation of dispatch of letter to shareholders with unregistered email ids pursuant to Reg 36(1)(b)
Awaiting price reaction for this filing.
Ballarpur Industries Limited has informed exchanges about sending letters to shareholders whose email addresses are not registered with the company, RTA, or depositories. The company has scheduled two AGMs - the 79th (FY 2023-24) and 80th (FY 2024-25) - both to be held on Monday, May 11, 2026, via video conferencing. The AGMs are being convened to adopt financial statements and regularize pending statutory compliances following an approved resolution plan sanctioned by NCLT Mumbai Bench. The Annual Reports for both financial years are available on the company's website. The letter also reminds shareholders to update KYC details as mandated by SEBI, warning that physical shareholders with incomplete KYC will receive payments only through electronic mode from April 1, 2024.
This is a routine compliance and procedural filing. Shareholders holding physical shares with incomplete KYC records will face restrictions on receiving dividends and other payments electronically. No direct impact on stock price expected from this announcement.