Balkrishna Paper Mills MD, chairman, board of directors and AGM
NSE: BALKRISHNABSE: 539251Paper, Forest & Jute ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹15.05.
- Under NSE's graded surveillance, stage 0, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹46 Cr3,344th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Assets held for saleon the latest balance sheet
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- Assets held for saleon the latest balance sheet
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Assets held for saleon the latest balance sheet
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 14,14052.1% delivered
Balkrishna Paper Mills board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorAnuraag Pawankumar PoddarRelated to the promoter
- Company Secretary and Compliance OfficerOmprakash Singh
6 directors3 independent2 executive1 non-executive
- Anuraag Pawankumar Poddar · Chairperson and managing directorExecutive · joined Feb 2015 · reappointed Feb 2024 · 32 months as independent · 1 listed board · 1 committee seat
- Dileep Himmatrao ShindeIndependent · joined Aug 2021 · reappointed Aug 2026 · 62 months as independent · 1 listed board · 1 as independent
- Mangesh Dhondu TeliIndependent · joined Dec 2023 · reappointed Dec 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Ashok Nathmal GarodiaIndependent · joined Feb 2025 · reappointed Feb 2025 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Saumya Ashish BagrodiaNon-executive · joined Feb 2025 · reappointed Feb 2025 · 20 months as independent · 1 listed board
- Manish Omkarmal MalpaniExecutive · joined Dec 2023 · reappointed Dec 2023 · 34 months as independent · 1 listed board · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Rakesh N. Garodia, left 10 Feb 2025: Tenure Completion
- Meghna S.Shah, left 10 Feb 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 81 days in between
- 22 May 20266 of 6 present3 independent · 41 days in between
- 10 Apr 20266 of 6 present3 independent
Audit Committee
Chair Dileep Himmatrao Shinde
Mangesh Dhondu Teli, Ashok Nathmal Garodia, Manish Omkarmal Malpani
- 12 Aug 20264 of 4 present3 independent · 81 days in between
- 22 May 20264 of 4 present3 independent · 41 days in between
- 10 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Dileep Himmatrao Shinde
Mangesh Dhondu Teli, Ashok Nathmal Garodia
- 22 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Dileep Himmatrao Shinde
Mangesh Dhondu Teli, Anuraag Pawankumar Poddar, Manish Omkarmal Malpani
- 12 Aug 20264 of 4 present2 independent · 81 days in between
- 22 May 20264 of 4 present2 independent
Risk Management Committee
Chair Anuraag Pawankumar Poddar
Dileep Himmatrao Shinde, Mangesh Dhondu Teli, Manish Omkarmal Malpani
- 12 Aug 20264 of 4 present2 independent · 81 days in between
- 22 May 20264 of 4 present2 independent
Finance Committee
Chair Anuraag Pawankumar Poddar
Mangesh Dhondu Teli, Manish Omkarmal Malpani
No meeting listed in the filing.
Those Charge With Governance Committee
Chair Dileep Himmatrao Shinde
Mangesh Dhondu Teli, Ashok Nathmal Garodia, Manish Omkarmal Malpani
- 22 May 20264 of 4 present3 independent
Share Transfer Committee
Chair Anuraag Pawankumar Poddar
Mangesh Dhondu Teli, Manish Omkarmal Malpani
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- DSMR and COPeer-review certificate valid to Apr 2029
1 earlier auditor
- D S M R & CONamed in the filing for the quarter to Dec 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Balkrishna Paper Mills AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Balkrishna Paper Mills share news and announcements
Annual general meeting, 18 Sep 2026
14,668 shareholders on the register on 11 Sep 2026; present: 14 promoters and 54 others; votes counted by PRASEN NAITHANI / P. NAITHANI & ASSOCIATES.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended March 31,2026, and the Reports of board of directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.83% · promoters 94.24% · institutions 0.00% · other public 10.82%
- To appoint a Director in place of Shri Anuraag Poddar (DIN: 00599143), who retires by rotation and, being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 60.83% · promoters 94.24% · institutions 0.00% · other public 10.82%
- Re-appointment of Shri Anuraag Poddar (DIN: 00599143) as a Chairman and Managing Director for further period of three years from 11th February 2027 to 10th February 2030.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 60.83% · promoters 94.24% · institutions 0.00% · other public 10.82%
- Re-appointment of Shri Manish Malpani (DIN: 00055430) as a Whole Time Director and CFO for further period of three years from 9th December, 2026 to 8th December, 2029.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 60.83% · promoters 94.24% · institutions 0.00% · other public 10.82%
Re-appointment of Prof.(Dr.)Mangesh D. Teli (DIN: 00218899) as a Non Executive Independent Director of the company for second Term of five consectuive years from 9th December, 2026 to 8th December, 2031.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 60.83% · promoters 94.24% · institutions 0.00% · other public 10.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 2 Jul 2026, 4 resolutions
14,883 shareholders on the register on 22 May 2026; votes counted by Prasen Naithani / P. Naithani & Associates.The company's voting result (opens in a new tab)
- Scheme of Reduction of Share Capital of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 66.35% · promoters 99.98% · institutions 0.00% · other public 15.99%
- Material Related Party Transaction(s)OrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 6.40% · promoters 0.00% · institutions 0.00% · other public 15.98%
- Material Related Party Transaction(s) with S P Finance and Trading Limited during F.Y. 2026-27 and F.Y. 2027-28OrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 6.40% · promoters 0.00% · institutions 0.00% · other public 15.98%
- Material Related Party Transaction(s) with Sanchna Trading and Finance Limited during F.Y. 2026-27 and F.Y. 2027-28OrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 0.00% · other public 0.58%
Turnout: all 6.40% · promoters 0.00% · institutions 0.00% · other public 15.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 19 Jun 2026, 1 resolution
1 shareholders on the register on 12 Jun 2026; present: 0 promoters and 1 others; votes counted by Prasen Naithani / P. Naithani & Associates.The company's voting result (opens in a new tab)
- 1 Scheme of Reduction of Share Capital of the Company (ISIN: INE875R04106)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Sep 2025, 7 resolutions
15,479 shareholders on the register on 12 Sep 2025; present: 15 promoters and 68 others; votes counted by Prasen Naithani / P. Naithani & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended March 31, 2025, and the Reports of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
- To appoint a Director in place of Shri Manish Malpani (DIN: 00055430), who retires by rotation and, being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
- To Ratify Appointment and Remuneration payable, to M/s. K. G. Goyal & Associates, Cost Accountants (FRN:000024), as the Cost Auditors for the Financial Year ending 31st March,2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
M/s. GMJ & Associates (Peer Review Certificate No.6140/2024), Company Secretaries in Practice be and are hereby appointed as the Secretarial Auditors of the Company, to carry out Secretarial Audit for consecutive 5 years from FY 2025-26 to FY 2029- 30 .MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
Shri Dileep H. Shinde (DIN: 00270687) Director of the Company, who will be attaining the age of 75 years on 23rd September, 2025, to continue to hold office of Independent Director of the Company till his current tenure of appointment which ends on 6th August, 2026.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
Re-appointment of Shri Dileep H. Shinde (DIN: 00270687) as a Non-Executive Independent Director of the Company for a second term of 5 consecutive years w.e.f. 7th August, 2026 to 6th August, 2031, not liable to retire by rotation.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
To alter the Memorandum of Association of the Company in order to align the same as per Table A of Schedule I of the Companies Act, 2013 by substituting the existing Memorandum of Association (“MOA”) of the Company.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.65% · promoters 94.26% · institutions 0.00% · other public 12.83%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Mar 2025, 2 resolutions
15,828 shareholders on the register on 14 Feb 2025; votes counted by Prasen Naithani / P. Naithani & Associates.The company's voting result (opens in a new tab)
- Appointment of Smt. Saumya Ashish Bagrodia (DIN: 06699932) as a Non-Executive Non-Independent Director of the Company.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 60.79% · promoters 94.24% · institutions 0.00% · other public 10.71%
- Appointment of Shri Ashok Nathmal Garodia (DIN: 00206017) as an Independent Non-Executive Director of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 60.79% · promoters 94.24% · institutions 0.00% · other public 10.71%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 13 Feb 2025, 4 resolutions
15,815 shareholders on the register on 10 Jan 2025; votes counted by Prasen Naithani / P. Naithani & Associates.The company's voting result (opens in a new tab)
- Sale/Disposal/Transfer of whole of Property, Plant and Equipments (PPE) etc.(“Undertaking”) of the CompanySpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 42.63% · promoters 63.43% · institutions 0.00% · other public 11.50%
- Material Modification(s) to the approved Related Party Transaction(s) of the Company with S P Finance and Trading Limited during Financial Year 2024-2025OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 4.60% · promoters 0.00% · institutions 0.00% · other public 11.50%
- Material Modification(s) to the approved Related Party Transaction(s) of the Company with S P Finance and Trading Limited during Financial Year 2024-2025OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 4.60% · promoters 0.00% · institutions 0.00% · other public 11.50%
- Material Related Party Transactions(s) with Sanchna Trading and Finance Limited during Financial Year 2025-2026OrdinaryPromoters have an interest in it99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 4.60% · promoters 0.00% · institutions 0.00% · other public 11.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 3 resolutions
Present: 11 promoters and 52 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial ended March 31, 2024, and the Reports of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.91% · promoters 99.98% · institutions 0.00% · other public 12.41%
- To appoint a Director in place of Shri Anurag Poddar (DIN: 00599143), who retires by rotation and, being eligible, offers himself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 64.91% · promoters 99.98% · institutions 0.00% · other public 12.41%
- To appoint M/s. K. G. Goyal & Associates, Cost Accountants (FRN:000024) as the Cost Auditors for the Financial Year ending 31st March,2025 and fix the remuneration.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 64.91% · promoters 99.98% · institutions 0.00% · other public 12.41%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Jul 2024, 3 resolutions
The company's voting result (opens in a new tab)
- 1. Material related party transaction(s) with S P Finance & Trading Limited.OrdinaryPromoters have an interest in it99.54% for0.46% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 8.92% · promoters 0.00% · institutions 0.00% · other public 22.26%
- 2. Material related party transaction(s) with Siyaram Silk Mills Limited.OrdinaryPromoters have an interest in it99.54% for0.46% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 8.92% · promoters 0.00% · institutions 0.00% · other public 22.26%
- 3. Reclassification of the Authorised Share Capital and consequent alteration of Memorandum of Association.Special99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.45%
Turnout: all 68.87% · promoters 100.00% · institutions 0.00% · other public 22.28%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.