Outcome of Board Meeting held today i.e Monday, December 08,2025
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Awaiting price reaction for this filing.
The Board of Directors of Shree Krishna Paper Mills & Industries Ltd approved several items to be placed before shareholders via Postal Ballot. These include confirming the appointment of Mrs. Devika Ohri (DIN: 10399161) as an Additional Independent (Non-Executive) Director for a 5-year term from November 1, 2025 to October 31, 2030. The Board also approved an increase in the company's borrowing limits under Section 180(1)(c) of the Companies Act and sought authority to sell, lease, or mortgage the company's undertaking under Section 180(1)(a). Additionally, related party transactions with Busimatix Global LLP and Gopala Sales Private Limited were approved for shareholder consent. Mr. Manish Kumar Bansal was appointed as Scrutinizer for the postal ballot, with the cut-off date set as December 12, 2025.
Shareholders will vote on these proposals through postal ballot. The proposed increase in borrowing limits and asset disposal authority could give the company greater financial and operational flexibility, while the related party transactions require careful shareholder review for any potential conflicts of interest.