Hereby attached the reason for delay in Financial Results and Board Meeting for the quarter ended 30-09-2025
Awaiting price reaction for this filing.
Mysore Paper Mills Ltd, a Government of Karnataka undertaking, has informed BSE that it will not be able to submit its Q2 FY2025-26 (quarter ended September 30, 2025) unaudited financial results within the November 15, 2025 deadline. The company explains it has been years behind on its accounts — the FY 2014-15 AGM was held only in December 2021, and the FY 2015-16 accounts were recently completed with the AGM scheduled for December 29, 2025. The company's paper mill operations have been shut since October 2021, and only forest plantation activities continue. Additionally, the CFO died during the first wave of Covid-19 and the post has remained vacant since, forcing reliance on external consultants to prepare financial results. Results are under preparation and will be filed once approved by the Board.
This is another red flag for shareholders — the company is non-operational, years behind on financial filings, and the Q2 FY2025-26 results are now overdue. While this is not a results announcement itself, the delayed and outdated disclosures make it very difficult for investors to assess the company's current financial health, and it reflects ongoing governance and operational distress.