Shree Krishna Paper Mills & Industries Ltd. Announces Board Meeting and Independent Director Resignation

Shree Krishna Paper Mills & Industries Ltd., a company listed on the Bombay Stock Exchange, has announced a series of significant corporate developments. The company, known for manufacturing and exporting coated paper, board, and thermal sensitive paper, is navigating through some key changes in its board structure and financial reporting.

Upcoming Board Meeting

On August 5, 2025, Shree Krishna Paper Mills & Industries Ltd. informed the Bombay Stock Exchange (BSE) about an upcoming board meeting scheduled for August 13, 2025. The meeting’s agenda includes the consideration and approval of the unaudited financial results for the quarter ending June 30, 2025. This meeting is crucial for shareholders and investors as it will provide insights into the company’s financial performance during the recent quarter. Additionally, the meeting will address the closure of the trading window, in compliance with SEBI regulations.

Resignation of Independent Director

In a separate announcement on August 6, 2025, the company disclosed the resignation of Mrs. Yukti Gulati Chanana, an Independent Director, effective August 5, 2025. Mrs. Chanana cited pre-occupation and personal commitments as the reasons for her resignation. This development is significant as it leads to the reconstitution of certain committees within the company. The resignation and subsequent reconstitution are in line with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Overview

As of August 4, 2025, Shree Krishna Paper Mills & Industries Ltd. had a close price of INR 33.54, with a market capitalization of INR 453,517,159. The company’s stock has experienced fluctuations over the past year, with a 52-week high of INR 57.46 on September 2, 2024, and a 52-week low of INR 32.66 on August 4, 2025. The price-to-earnings ratio stands at 40.40964, reflecting the market’s valuation of the company’s earnings.

These developments are pivotal for the company as it continues to navigate the competitive landscape of the paper manufacturing industry. Investors and stakeholders will be closely monitoring the outcomes of the upcoming board meeting and the impact of the changes in the board’s composition on the company’s strategic direction.