Shree Rama Newsprint Limited has informed the Exchange regarding Outcome of Board Meeting held on May 25, 2026.

Going-concern doubtEmphasis of matterRevenue declinedNet loss reportedExceptional itemResults View source PDF Explain this filing

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

+1.3%Reaction day

₹28.69

prior close

₹29.30

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-0.3% vs market

Beverages peers, median of 30sector · industry level+1.1%+0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.1 pts more than its Beverages peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+2.0+2.3-0.3+2.1-0.1

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+10.8+13.0-2.2-4.3+15.2

UpDownMarket · Nifty Microcap 250Sector · Beverages peers, median of 30Pending

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AI summary

Shree Rama Newsprint Limited reported a total comprehensive loss of Rs. 6,853.02 lakhs for FY 2026 (vs Rs. 10,627.76 lakhs loss in FY 2025). Revenue from operations declined to Rs. 3,271.86 lakhs from Rs. 4,413.21 lakhs in the prior year — a ~26% drop. The company's current liabilities exceeded its current assets by Rs. 12,152.60 lakhs, raising serious doubts about going concern. The Paper Division remains a discontinued operation; an additional impairment loss of Rs. 2,784.33 lakhs was recognized on those assets based on a valuer's reassessment. The Board appointed Mr. Alok Jain as an Additional Non-Executive Independent Director. Auditors issued an unmodified opinion but included an Emphasis of Matter highlighting the going concern uncertainty and the impairment on discontinued operations.

Likely market impact

The company is financially distressed with a large net loss, negative equity, and negative working capital. The auditor's going concern flag is a serious red flag for investors. Asset disposals are the only near-term recovery plan, but execution risk is high.