SHREE RAMA NEWSPRINT LTD.

Shree Rama Newsprint Limited announced its unaudited financial results for the Quarter and Half Year ended September 30, 2026. The Board of Directors approved these results in a meeting held on November 05, 2026. The company's statutory auditors, Batliboi & Purohit, have issued a Limited Review Report. A significant point highlighted is a material uncertainty related to going concern, with a total comprehensive loss of ₹2,129.34 lakhs for the Half-Year ended September 30, 2026, and current liabilities exceeding current assets by ₹16,047.59 lakhs.

Shree Rama Newsprint's standalone net loss (continuing + discontinued operations) widened to ₹10.82 Cr in Q2 FY27 from ₹10.20 Cr a year ago (+6.1% YoY, i.e. the loss deepened) and from ₹10.50 Cr in Q1 FY27 (+3.1% QoQ). Revenue from operations actually grew 17.9% YoY to ₹8.06 Cr (from ₹6.83 Cr) even as it fell 17.1% sequentially from ₹9.72 Cr — so the YoY story is revenue growth that did not translate into a smaller loss, because costs grew faster. The margin bridge explains the gap: operating margin (EBITDA/revenue, ex finance cost and depreciation) swung to -3.4% from +3.2% a year ago, as raw-material and packing costs rose to ₹5.33 Cr (from ₹3.33 Cr) on the higher revenue base, outpacing the topline gain. Sequentially OPM did improve from -7.7% in Q1, a partial recovery rather than a trend reversal. Finance costs of ₹9.42 Cr on the continuing business alone were larger than total income of ₹9.74 Cr and remain the dominant drag, sitting on ₹350 Cr of non-current borrowings against a company with negative net worth. The discontinued Paper Division, which the company has been winding down piecemeal since FY23, added a further ₹1.76 Cr pre-tax loss this quarter as management continues to dispose of its remaining ₹98.00 Cr of held-for-sale assets. There is no management guidance on record (db and web both show none) and no analyst coverage — a TipRanks check confirms zero analysts cover the stock, so there is no street consensus to beat or miss; this is a distressed microcap outside formal sell-side coverage. No separate press release accompanied the filing beyond the regulatory outcome letter, which simply reports the Board's approval. The auditors' review report carries a material-uncertainty-on-going-concern paragraph: H1 FY27 total comprehensive loss of ₹21.29 Cr, current liabilities exceeding current assets (continuing operations) by ₹160.48 Cr, and total equity now at ₹(103.92) Cr versus ₹(82.63) Cr at FY26-end. Management's stated mitigant — disposing non-core/Paper Division assets and exploring funding options — is unchanged from prior filings and remains unexecuted at scale. Going into Q3 FY27, the quarter sets up around whether the sequential OPM recovery continues, whether any of the ₹98 Cr held-for-sale assets actually convert to cash, and whether the working-capital/going-concern gap narrows.

Shree Rama Newsprint Ltd has announced that a Board of Directors meeting is scheduled for September 5, 2026. The primary agenda is to consider and approve the Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026. In line with SEBI regulations, the trading window for designated persons and their immediate relatives has been closed from October 15, 2026, and will reopen 48 hours after the financial results are declared.

Shree Rama Newsprint Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The window will be shut for all designated persons and their immediate relatives starting from October 1, 2026. It will remain closed until 48 hours after the public announcement of the company's unaudited financial results for the quarter and half-year ended September 30, 2026. Designated individuals and their relatives have been advised against trading company securities during this period.

Shree Rama Newsprint Limited has submitted its 35th Annual Report for the Financial Year 2025-26, along with the Notice for its 35th Annual General Meeting (AGM). The AGM is scheduled for Friday, September 25, 2026, at 12:00 Noon, to be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The report includes audited financial statements, Directors' Report, Auditors' Reports, Corporate Governance Report, and Management Discussion and Analysis. The company also announced the re-appointment of Mr. Ganpatraj Chowdhary as a Director, who retires by rotation. The Annual Report is available on the company's website.

Shree Rama Newsprint Limited has issued a notice for its 35th Annual General Meeting (AGM), scheduled for Friday, September 25, 2026, at 12:00 Noon. The meeting will be conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM), in compliance with recent government circulars and SEBI regulations. Key agenda items include the adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, and the re-appointment of a director retiring by rotation. The notice and annual report are available on the company's website and NSDL's e-voting portal. Proxy appointments are not permitted for this AGM.

Shree Rama Newsprint Ltd has received a significant update from the Collector of Surat. The Collector, vide an order dated August 14, 2026, has withdrawn a previous order from May 1, 2025, which had mandated the company to surrender 121,302 square meters of allotted land. The original order was issued due to alleged violations of conditions set by the Collector in a 1992 order. The withdrawal of this order is expected to have no impact on the company's financial or operational activities.

Shree Rama Newsprint Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held today. The company also approved the Director's Report for FY 2025-2026 and appointed M/s. A. H. Jain & Co. as the Internal Auditor for FY 2026-27. Additionally, the notice for the 35th Annual General Meeting (AGM) scheduled for September 25, 2026, was approved, with September 18, 2026, set as the cut-off date for e-voting.

Shree Rama Newsprint Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the Unaudited Financial Results for the Quarter ended June 30, 2026. The board also approved the Director's Report for FY 2025-2026 and appointed M/s. A. H. Jain & Co. as the Internal Auditor for FY 2026-27. Additionally, the notice for the 35th Annual General Meeting, scheduled for September 25, 2026, was approved, with September 18, 2026, set as the cut-off date for e-voting.

Shree Rama Newsprint Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item is to consider and approve the company's unaudited financial results for the quarter ending June 30, 2026. In line with SEBI regulations, the trading window for designated persons and their relatives has been closed since July 1, 2026, and will reopen 48 hours after the financial results are declared.