Balkrishna Paper Mills

Balkrishna Paper Mills Limited operates in India, with its core business involving the manufacturing of paper boards and trading in plastic and packaging materials. The company's fundamental philosophy on governance is to achieve long-term business viability by focusing on customer satisfaction and maintaining strong relationships with shareholders. Its operations are guided by key principles of transparency, independence, accountability, and fairness to uphold strong ethical standards and ensure legal compliance. Due to difficult market conditions and high production costs, the company has currently suspended its paper and paper board manufacturing activities. To navigate this, the company has diversified into trading sustainable plastic materials and appointed a consultant to evaluate and explore new business areas for optimal resource use. As part of its financial restructuring, the company generated ₹17.50 crores from leasing unused land, using the funds for debt repayment and interest cost reduction.;