Outcome of Board Meeting held today i.e Monday, December 08,2025
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The board of Shree Krishna Paper Mills & Industries Ltd held a meeting on December 8, 2025, and decided to seek shareholder approval via postal ballot for several matters. These include confirming the appointment of Mrs. Devika Ohri as a Non-Executive Independent Director for a 5-year term (initially approved on November 1, 2025), increasing the company's borrowing limits under Section 180(1)(c), and authorizing the board to sell, lease, mortgage, or dispose of the company's undertaking under Section 180(1)(a). The board also approved related party transactions with Busimatix Global LLP and Gopala Sales Private Limited, both subject to shareholder approval. A scrutinizer, Mr. Manish Kumar Bansal, was appointed to oversee the postal ballot process, with a cut-off date of December 12, 2025 for determining eligible voting shareholders.
Shareholders will need to vote on multiple significant proposals including a potential increase in debt and possible sale or disposal of company assets, along with related party transactions. The outcome of the postal ballot could materially affect the company's financial structure and asset base.