Shree Rajeshwaranand Paper Mills 35th AGM and Restructuring Update

Income for FY 2025-26 stood at Rs 0.02 lakh compared to Rs 13.55 lakh in FY 2024-25.
Net loss for FY 2025-26 narrowed to Rs 30.46 lakh from a loss of Rs 7,237.38 lakh in FY 2024-25.

Reader Takeaway: The AGM marks a procedural step in insolvency recovery; investors must monitor the pending trading resumption status.

What just happened

Shree Rajeshwaranand Paper Mills will hold its 35th Annual General Meeting (AGM) on September 26, 2026, via video conferencing. The meeting will address the adoption of financial statements, the appointment of a new statutory auditor (M/s. H. L. SAINI & Co.), and the re-appointment of a director. The company remains in a transition phase following its NCLT-led corporate insolvency resolution process.

Why this matters

The company is currently non-operational. For stakeholders, the AGM serves as a critical update on the execution of the resolution plan approved by the NCLT in late 2024. The firm is navigating a complex period of asset preservation and regulatory compliance, with management currently working to regularize filings hampered by record-keeping issues during the transition.

Capital and Trading Status

As part of the court-approved resolution plan, the company has canceled over 1.48 million promoter-held shares and implemented a 6:100 consolidation ratio for public shareholding. Trading in company stock has been suspended on the BSE since November 2021. The firm has applied for the activation of a new ISIN, and shareholders are awaiting final clearance to resume trading.

Risks to watch

Investors should note the company remains non-operational. Future viability is strictly dependent on the successful infusion of working capital and infrastructure readiness. Additionally, the company faces ongoing regulatory compliance hurdles linked to historical records, which management is attempting to resolve.