Balkrishna Paper Mills' proposed reduction of share capital has been approved by both BSE and NSE, as per Sections 66 and 52 of the Companies Act, 2013. The Securities and Exchange Board of India (SEBI) found that the scheme, which involves writing off accumulated losses against share capital on a proportional basis, renders Regulation 37 inapplicable.

Balkrishna Paper Mills is set to expand its portfolio with a focus on real estate development, leveraging existing land assets. The company also plans to invest up to ₹25 crores annually in Infrastructure Debt Funds (ICDs) over the next two fiscal years, with an interest rate of up to 12% and a tenure of one year.