BSEShree Rajeshwaranand Paper Mills LtdHighNeutral
Announced Fri, 13 Feb · 18:49 IST

Un-Audited Financial Results of the Company for the third quarter and nine months ended 31st December, 2025, copy of the same is attached and annexed herein

Going ConcernRevenue DeclinePat NegativeResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Rajeshwaranand Paper Mills reported unaudited results for the quarter and nine months ended 31 December 2025. The company earned no revenue from operations during the period, with total income of nil for Q3 and just Rs 0.00 lakhs for the nine months. It posted a loss after tax of Rs 6.44 lakhs in Q3 and Rs 17.50 lakhs for the nine months, a sharp improvement from the Rs 7,138.28 lakh loss in the same nine-month period last year. The company is still under the Corporate Insolvency Resolution Process (CIRP) under IBC 2016, its commercial operations have not yet commenced, and trading of its shares on BSE remains suspended. As part of the approved Resolution Plan, the company has filed forms with MCA to cancel 14.88 lakh promoter shares and consolidate public holdings from 100 shares to 6, reducing paid-up capital from Rs 1,245 lakhs to Rs 65.74 lakhs.

Likely market impact

For shareholders: the stock remains suspended from trading on BSE and the company has not started business operations, meaning investors face continued uncertainty despite the reduced loss. The massive share consolidation and capital reduction will significantly alter existing shareholdings, with public investors seeing their holdings reduced to roughly 6% of current levels.