The Directors are pleased to present herewith the 53^rd Annual Report together with the Audited Financial Statements of your
Company for the Financial Year ('FY') ended March 31,2025.

FINANCIAL PERFORMANCE

The financial performance of the Company for the financial year ended on March 31,2025 is summarised below:

During the year under review, the revenue from operations
was increased to '16,870.84 lakhs against '14,435.22 lakhs in
the last financial year. The Company has earned profit before
exceptional items & tax of ' 194.84 lakhs against
corresponding profit of ' 65.36 lakhs in the last year. Net
profit after tax has been increased to '112.74 lakhs against
corresponding profit of ' 38.04 lakhs in the last year. During
the year under review, the Company has improved its
performance and your Directors are hopeful for the improved
performance in the coming year.

DIVIDEND

In l ine with the objective of conserving financial resources and
strengthening the long-term value for stakeholders, the Board
of Directors has deemed it prudent not to recommend any
dividend on equity shares for the financial year ended March
31, 2025. This decision has been taken after careful
consideration of the Company's current financial position,
future investment plans, and overall business strategy.

The debts of the Company were re-structured under CDR
mechanism in 2009 and as per restructuring package, 4%
cumulative redeemable preference shares were issued to all
lenders i.e. Bank of India, Dena Bank (now Bank of Baroda),
Andhra Bank (now Union Bank of India) and Catholic Syrian
Bank. Since, dividend on 4% cumulative redeemable
preference shares was to be paid compulsorily to the bankers

as part of the CDR package, during the financial year 2024-25
the Company has paid such dividend of ' 145.75 lakhs which
was duly passed by the Shareholders in the last AGM held on
September, 30, 2024.

SHARE CAPITAL

The paid-up Equity Share Capital as on March 31,2025 was
' 1,352.17 lakhs. During the year under review, the Company
has neither issued any shares through differential voting rights
nor issued any sweat equity shares and equity shares under
Employees Stock Option Scheme.

LISTING ON STOCK EXCHANGES

The Equity Shares of the Company are listed on Bombay Stock
Exchange. Further, voluntary De-listing of equity shares of the
Company from The Calcutta Stock Exchange has been done
w.e.f. April 2, 2025.

PUBLIC DEPOSITS

During the year under review, your Company has neither
accepted nor renewed any deposits from public within the
meaning Chapter V of the Companies Act, 2013 read with
Companies (Acceptance of Deposits) Rules, 2014. Further
there are no outstanding deposits as on March 31,2025.

EXTRACT OF ANNUAL RETURN

The Annual Return pursuant to the provisions of Section 134
(3) and 92(3) of the Act read with Rule 12 of the Companies
(Management and Administration) Rules, 2014 for the
financial year 31^st March, 2025 is available on the website of
the Company at https://skpmil.com/annual-report-annual-
return/

DIRECTORS & KEY MANAGERIAL PERSONNEL

As on March 31,2025, the Company's Board comprised of Six
Directors out of which two are Executive Directors, three
Independent Directors and one Non-Executive Non¬
Independent Director. The Composition of the Board is in
conformity with the provisions of the Companies Act, 2013
and SEBI (LODR) Regulations.

During the year under review, Mrs. Shikha Singhal (DIN:
03030671) tendered her resignation as an Independent
Director of the Company, with effect from close of business
hours on August 13, 2024, citing her pre-occupation and other
personal commitments. The Board has placed on record
sincere appreciation and gratitude for contributions made by
her during her tenure as a director.

Based on the recommendation of the Nomination and
Remuneration Committee and the Board, Shareholders of the
Company at its Annual General Meeting held on September
30, 2024 approved appointment of Mrs. Yukti Gulati Chanana
(DIN: 10729190) as an Independent Director of the Company
for the first term of 5 (Five) consecutive years w.e.f. August 13,
2024 upto August 12, 2029 in accordance with the provisions
of Section 149, 150 and 152 of the Companies Act, 2013 read
with Schedule IV and Rules made thereunder and other
applicable provisions of the Companies Act, 2013, if any.

Further, based on the recommendation of the Nomination and
Remuneration Committee and the Board, Shareholders of the
Company through special resolution passed by postal ballot
dated February 13, 2025 approved appointment of Mr. Ashish
Sharma (DIN: 10936900) and Mr. Harish Kumar (DIN:
10936893), as an Independent Directors for a period of 5 years
w.e.f. March 25, 2025 till March 24, 2030.

During the year, Mr. Lal Chand Sharma (DIN:00196158) and
Mr. Prakash Narayan Singh (DIN:00076392) have completed
their second consecutive term as Independent Directors of the
Company and consequently, ceased to be the Independent
Directors of the Company w.e.f. closing of business hours on
March 26, 2025.

Pursuant to the provisions of Section 1 52 of the Companies
Act, 201 3 and the Articles of Association of the Company,
Mr. Dev Kishan Chanda (DIN: 00407123), will retire by
rotation at the 53 ^rd Annual General Meeting and being eligible,
has offered himself for re-appointment.

During the year under review, the Non-Executive Directors of

the Company had no pecuniary relationship or transactions
with the Company, other than sitting fees, commission, if any
and reimbursement of expenses incurred by them for the
purpose of attending meetings of the Board /Committee of the
Company.

Pursuant to the provisions of Section 203 of the Companies
Act, 2013 and Regulation 6 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, the Key
Managerial Personnel of the Company as on March 31,2025
are: Mr. Narendra Kumar Pasari (DIN: 00101426) Managing
Director, Mr. Naynesh Pasari (DIN: 00519612), Whole-Time
Director (designated as Executive Director), Mr. Sanjiv Kumar
Agarwal, Chief Financial Officer and Mrs. Ritika Priyam who
acts as Company Secretary & Compliance Officer of the
Company.

Except Mr. Narendra Kumar Pasari and Mr. Naynesh Pasari,
none of the Directors is related to any other Director of the
Company. Mr. Naynesh Pasari, Executive Director, is the son
of Mr. Narendra Kumar Pasari, Managing Director of the
Company.

The information on the particulars of Director eligible for
appointment in terms of Regulation 36(3) of SEBI (LODR)
Regulations has been provided in the notes to the notice
convening the Annual General Meeting.

DECLARATION BY INDEPENDENT DIRECTORS

The Company has received declarations from all the
Independent Directors of the Company confirming that they
meet the criteria of independence as prescribed under the
provisions of the Act, read with Schedule IV and Rules issued
thereunder, and the Listing Regulations. There has been no
change in the circumstances affecting their status as
Independent Directors of the Company. They have also
confirmed about their registration with the Independent
Director's Database maintained by the Indian Institute of
Corporate Affairs.

BOARD EVALUATION

In accordance with the provisions of the Companies Act, 2013
and relevant Regulations of SEBI Listing Obligations and
Disclosure Requirements) Regulations, 2015, the Board of
Directors of the Company undertook an annual evaluation of
the performance of the Board, its Committees and all the
individual Directors. The manner in which the annual
performance evaluation has been carried out is explained in
the Corporate Governance Report which forms part of this
report.

The Board evaluated its performance after seeking inputs from
all the Directors on the basis of criteria such as the Board
composition and structure, effectiveness of Board processes,
information and functioning, etc. The performance of the
Committees was evaluated by the Board after seeking inputs
from the committee members on the basis of criteria such as

the composition of Committees, effectiveness of Committee
meetings, etc.

The performance evaluation of the Independent Directors was
carried out by the whole Board. In a separate meeting of
Independent Directors, performance of Non-Independent
Directors and the Board as a whole was evaluated.

REMUNERATION POLICY

To comply with the provisions of Section 1 78 of the Act
and Rules made thereunder and Regulation 19 of SEBI
(LODR) Regulations, based on the recommendations of
the Nomination and Remuneration Committee ('NRC'),
the Company has formulated a Nomination and
Remuneration Policy for selection, appointment, and
remuneration of Directors, Key Managerial Personnel, and
Senior Management Personnel. The Policy includes, inter-
alia, the criteria for determining qualifications, positive
attributes, independence of a Director, appointment and
remuneration of Directors, KMPs, Senior Management
Personnel and other employees of the Company.

The Company's Policy is available on the Company's
website at https://skpmil.com/wp-content/uploads/2025/07/
Nomination-and-Remuneration-Policy.pdf

COMMITTEES OF THE BOARD

The Board Committee(s) are essential for effective corporate
governance, providing focussed oversight and specialized
expertise in key areas. They enhance the Board's efficiency by
allowing focussed discussions and in-depth analysis on
specific topics, such as finance, audit, governance, and risk
management. This division of responsibilities ensures
thorough oversight, informed decision-making, and strategic
focus, ultimately strengthening Company's overall
Governance Framework.

The details on the composition of the Board and its
Committees, governance of committees including its terms of
reference, number of committee meetings held during the
financial year 2024-25, and attendance of the members, are
provided in the Report of Corporate Governance forming part
of this Annual Report. The composition and terms of reference
of all the Committees of the Board of Directors of the Company
are in line with the provisions of the Act and the Listing
Regulations.

MEETINGS OF THE BOARD

During the financial year under review, 12 (Twelve) meetings
of the Board of Directors were convened and held. The
intervening gap between any two consecutive meetings was
within the time limit prescribed under the Companies Act,
2013 and SEBI (LODR) Regulations. The details of the
meetings and the attendance of the Directors at the said
meetings are provided in the Corporate Governance Report,

which forms a part of this Report. The necessary quorum was
present for all the meetings.

CORPORATE SOCIAL RESPONSIBILITY

In compliance with the requirements of Section 135 of the Act
read with the Companies (Corporate Social Responsibility
Policy) Ru I e s, 2014 , t h e C S R Po l i cy of t h e Co m pa n y i s
available on the website of the Company and can be accessed
at https://skpmil.com/wp-content/uploads/2025/07/
Corporate-Social-Responsibility-Policy.pdf The Company did
not fall under the criteria as specified under Section 135 of the
Companies Act, 2013 and accordingly, it was not required to
comply with the provisions of Corporate Social Responsibility
during the year under review.

Annual Report on CSR activities for the financial year 2024-25
as required under Sections 134 and 135 of the Act read with
Rule 8 of the Companies (Corporate Social Responsibility
Policy) Rules, 2014 and Rule 9 of the Companies (Accounts)
Rules 2014 is attached to this report as Annexure - A.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134 of the Act (including any statutory
modification(s) and/or re-enactment(s) thereof for the time
being in force), the Directors of the Company confirm that:

i) in the preparation of the annual accounts for the financial
year ended on March 31,2025, the applicable accounting
standards have been followed and there is no material
departure from the same.

ii) the Directors have selected such accounting policies and
applied them consistently and made judgements and
estimates that are reasonable and prudent so as to give a
true and fair view of the state of affairs of the Company at
the end of the financial year and of the profit of the
Company for that period;

iii) the Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in
accordance with the provisions of this Act for
safeguarding the assets of the company and for preventing
and detecting fraud and other irregularities;

iv) the Directors have prepared the annual accounts on a
going concern basis;

v) the Directors have laid down internal financial controls to
be followed by the Company and that such internal
financial controls are adequate and were operating
effectively; and

vi) the Directors have devised proper systems to ensure
compliance with the provisions of all applicable laws and
that such systems were adequate and operating
effectively.

SUBSIDIARY/JOINT VENTURE/ASSOCIATE COMPANIES

Your Company does not have any subsidiary/joint
venture/associate company within the meaning of the Act.

CORPORATE DEBT RESTRUCTURING

The debts of the Company were restructured under Corporate
Debt Restructuring (CDR) mechanism w.e.f. April 1, 2009.
After making payment of dividend on 4% cumulative
redeemable preference shares during the financial year 2024¬
25, the CDR package was marked as closed by the bankers.

RISK MANAGEMENT

The Company is committed to achieve sustainable
business growth, securing assets, protecting shareholder
investments, ensure compliance with relevant laws and
regulations and managing risks through effecting risk
management systems and structures. The Company has
established a comprehensive mechanism to identify, assess,
monitor and mitigate various risks associated with its key
business objectives. Periodic reviews help in identifying
weaknesses which are promptly addressed to strengthen the
system.

INTERNAL FINANCIAL CONTROLS

In the opinion of the Board, your Company has in place an
adequate system of internal control commensurate with its
size and nature of business. This system provides a reasonable
assurance in respect of providing financial and operational
information, complying with applicable statutes, safeguarding
of assets of the Company and ensuring compliance with
corporate policies. Internal Auditor also performs periodic
audits in accordance with the pre-approved plan and audit
findings along with management response are shared with the
Audit Committee.

CURRENT OUTLOOK

India's pulp and paper market is currently experiencing a
significant transformation fuelled by a mix of economic,
demographic and technological factors. The Indian paper
industry is expected to see a period of recovery and growth
driven by increasing demand for packaging and household
paper products and a focus on sustainability. Despite the
continued focus on digitization, India's demand for paper is
expected to rise in the coming years, primarily due to a
sustained increase in thrust in rural education, growing
ecommerce consumerism, increase in organized modern
retailing, increasing use of documentation are expected to
positively affect paper consumption and demand in India.
India's overall economic growth is a key factor influencing the
paper industry's expansion. As the fastest-growing paper
market worldwide, India is poised for significant expansion,
aligning with the country's economic growth.

CONSERVATION OF ENERGY, TECHNOLOGY
ABSORPTION AND FOREIGN EXCHANGE EARNINGS &
OUTGO

The information on conservation of energy, technology
absorption and foreign exchange earnings and outgo as
stipulated under Section 134(3) (m) of the Companies Act,
2013 read with Rule 8 of the Companies (Accounts) Rules,
2014, is attached herewith as Annexure-B and forms part of
this annual report

AUDITORS AND AUDITORS' REPORT
Statutory Auditors

M/s. Radheshyam Sharma & Co., Chartered Accountants [Firm
Registration No. 016172N] vide their letter dated August 13,
2024 have resigned from the position of Statutory Auditor of
the Company, resulting into a casual vacancy in the office of
Statutory Auditor of the Company as envisaged by section
139(8) of the Companies Act, 2013. Hence, in order to fill up
the casual vacancy, the Company has appointed M/s. Ashwani
Garg & Associates, Chartered Accountants, [Firm Registration
No. 019179N] as Statutory Auditor of the Company in the
Board Meeting convened on August 13, 2024. In terms of the
provisions of Section 139 of the Companies Act, 2013 read
with rules made thereunder, appointment of Statutory
Auditor in causal vacancy caused due to resignation of the
existing Auditor, shall also be approved by the Company in a
general meeting convened within three months of
appointment/recommendation of the Board, and such Auditor
shall hold office till the conclusion of the next Annual General
Meeting (AGM).

Accordingly, on the recommendation of the Board of
Directors, Shareholders in 52^nd AGM had approved the
appointment of M/s. Ashwani Garg & Associates as Statutory
Auditor of the Company to fill the casual vacancy till the
conclusion of 52^nd AGM and appointment for a period of 5
years commencing from the conclusion of 52^nd AGM till the
conclusion of the 57^th AGM to be held in calendar year 2029.

The Statutory Auditor's Report for the Financial Year 2024-25
does not contain any qualification, reservation or adverse
remark. The observations made in the Auditor's Report, read
together with relevant notes thereon, are self-explanatory and
hence do not call for any comments. The Auditor have not
reported any fraud under Section 143(12) of the Companies
Act,2013.

The details relating to fees paid to the Statutory Auditors are
given in the Notes of the Financial Statements.

Cost Auditors

In terms of the provisions of Section 148 and all other
applicable provisions of the Act, read with the Companies
(Cost Records and Audit) Rules, 2014, as amended from time
to time, the Board has, on the recommendation of Audit
Committee, approved the re-appointment of M/s. Vijender
Sharma & Co., Cost Accountants, Delhi (Firm Registration No.
00180) as the Cost Auditors of the Company to conduct cost
audits for the year ending March 31, 2025. M/s. Vijender
Sharma & Co. have furnished a certificate of their eligibility
and consent for appointment.

In compliance with Rule 14 of the Companies (Audit and
Auditors) Rules, 2014, remuneration payable to cost auditor
for conducting cost audit for the year ended March 31,2025,
was ratified by Members, by passing an ordinary resolution at
the 52^nd AGM held on September 30, 2024.

The company has duly prepared and maintained the cost
accounts and records as required under Section 148(1) of the
Act.

There were no qualifications, reservations or adverse remarks
made by Cost Auditors in their Cost Audit Report for the
financial year ended on March 31, 2024 and the same was
filed under XBRL mode within the stipulated time period. Cost
Audit Report for the year ending March 31,2025 shall be filed
within due date

The Board of Directors of the Company at its meeting
held on May 30, 2025, on the recommendation of the
Audit Committee, have approved the re-appointment of
M/s. Vijender Sharma & Co., Cost Accountants, Delhi (Firm
Registration No. 00180) as the Cost Auditor for the financial
year 2025-26 and has recommended their remuneration to the
Members for ratification at the ensuing AGM.

Secretarial Auditors

Pursuant to the amended provisions of Regulation 24A of the
SEBI (LODR) Regulations and Section 204 of the Act read with
Rule 9 of the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014, the Audit Committee and
the Board of Directors have approved and recommended the
appointment of M/s. BLAK & Co., Peer Reviewed Firm of
Company Secretaries in Practice (Firm Registration Number:
P2013UP092800) as Secretarial Auditors of the Company for a
term of upto 5(Five) consecutive years to hold office from the
conclusion of ensuing AGM till the conclusion of 58^th (Fifty
Eighth) AGM of the Company to be held in the Year 2030, for
approval of the Members at ensuing AGM of the Company.
Brief resume and other details of M/s. BLAK & Co, a firm of
Company Secretaries in Practice, are separately disclosed in
the Notice of ensuing AGM.

M/s. BLAK & Co have given their consent to act as Secretarial
Auditors of the Company and confirmed that their aforesaid

appointment (if made) would be within the prescribed limits
under the Act & Rules made thereunder and SEBI (LODR)
Regulations. They have also confirmed that they are not
disqualified to be appointed as Secretarial Auditors in terms of
provisions of the Act & Rules made thereunder and SEBI
(LODR) Regulations.

The Secretarial Audit Report for the Financial Year 2024-25
does not contain any qualification, reservation or adverse
remark and is attached to this report as Annexure - C. Further,
the Secretarial Auditors have not reported any fraud under
Section 143(12) of the Act.

Secretarial Compliance Report

Annual Secretarial Compliance Report for the financial year
ended March 31, 2025 on compliance of all applicable SEBI
Regulations and circulars/ guidelines issued thereunder, was
obtained from M/s. BLAK & Co., Practicing Company
Secretaries and the same was submitted to the stock exchange
within the prescribed time limit.

Internal Auditors

On the recommendation of the Audit Committee, the
Company had appointed M/s. GAMS & Associates LLP.,
Chartered Accountants, as the Internal Auditors of the
Company for the financial year 2024-25. The Internal Audit
Reports submitted by them were reviewed and considered by
the Audit Committee and the Board of Directors.

PARTICULARS OF LOANS, GUARANTEES, INVESTMENTS
AND SECURITIES UNDER SECTION 186 OF THE ACT

During the year, the company has not given any loans or
guarantees covered under the provisions of section 186 of the
Companies Act, 2013. The earlier investments made by
company are provided in the notes to the financial statements
in this Annual Report.

RELATED PARTY TRANSACTIONS

All transactions entered into with Related Parties as defined
under the Companies Act, 2013 and the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015,
during the financial year were in the ordinary course of
business and on arm's length basis. All the related party
transactions are presented to the Audit Committee and the
board. Prior omnibus approval is obtained for the transactions
which are foreseen and repetitive in nature. Details of
transactions with related parties during the financial year
2024-25 are disclosed in the notes to the financial statements
forming part of this Annual Report. The Company has no
contracts or agreements with related parties as defined by
Section 188(1) of the Companies Act, 2013. Therefore, the
requirement to disclose related party transactions under
Section 134(3)(h) of the Act in Form AOC-2 is not applicable to
the Company for the financial year 2024- 25 and hence does

not form part of this report.

In line with the requirements of the Act and the SEBI Listing
Regulations, the Company has formulated a Policy on Related
Party Transactions. The Policy can be accessed on the
Company's website at https://skpmil.com/wp-
content/uploads/2025/07/Related-Party-T ransaction-
Policy.pdf

VIGIL MECHANISM/WHISTLE BLOWER POLICY

Pursuant to the provisions of Section 177 of the Act and
Regulation 22 of SEBI (LODR) Regulations, the Company has
adopted a Vigil Mechanism/Whistle Blower Policy. The
primary aim of this Policy is to offer a platform for Directors
and Employees to raise issues related to financial irregularities,
including fraud, misconduct, or unethical dealings within the
Company, which could adversely affect the organization
financially or in other ways. No individual is denied the
opportunity to approach the Chairman of the Audit
Committee. During the year under review, no complaint was
received under the Vigil Mechanism/ Whistle Blower Policy.
The said policy is also available on the website of the
Company at https://skpmil.com/wp-content/uploads/2025/07/
Whistle-Blower-Policy.pdf

CORPORATE GOVERNANCE

The Company believes that good Corporate Governance is
essential for achieving long-term corporate goals and
enhancing stakeholders' value. The Company is in full
compliance with the Corporate Governance requirements in
terms of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. A report on Corporate
Governance and a certificate from the Statutory Auditor of the
Company confirming compliance with the Corporate
Governance requirements are attached and forms part of this
annual report.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT

In terms of Regulation 34 of the Listing Regulations, the
Management Discussion and Analysis Report for the year
under review is presented in a separate section, forming an
integral part of this Annual Report.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF
WOMEN AT WORKPLACE (PREVENTION, PROHIBITION
AND REDRESSAL) ACT, 2013

It has been an endeavor of the Company to support women
professionals through a safe, healthy and conducive working
environment by creating and implementing proper policies to
tackle issues relating to safe and proper working conditions for
them. The Company has in place a Policy and Guidelines for
Prevention and Prohibition of Sexual Harassment at the
Workplace in compliance with The Sexual Harassment of
Women at Workplace (Prohibition, Prevention and Redressal)

Act, 2013. During the year under review, the Company had
not received any complaints on sexual harassment. The said
policy is also available on the website of the Company at
https://skpmil.com/wp-content/uploads/2025/07/Prevention-
of-sexual-harassment-policy.pdf

MANAGERIAL REMUNERATION & PARTICULARS OF
EMPLOYEES

The information required by Section 197(12) of the Act,
together with the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014,
pertaining to the remuneration and employees of the
Company, is provided as Annexure-D to this Report.

CREDIT RATING

As per Bank's existing guidelines, external credit rating is not
compulsory if the credit exposure is below ' 50 Crores. Since
our total credit exposure is below ' 50 crores, external credit
rating is not required in our case also and accordingly,
external credit rating was withdrawn in the last financial year.

OTHER DISCLOSURES

The Directors further state that no disclosure or reporting is
required in respect of the following items, as there were no
transactions/events related to these items during the financial
year under review:

1. No amount has been or is proposed to be transferred to
any reserves of the Company.

2. During the year under review, there was no change in the
nature of business of the Company.

3. There were no significant material orders passed by the
Regulators/Courts which would impact the going concern
status of the Company and its future operations. However,
Members attention is drawn to the Statement on
Contingent Liabilities and Commitments in the Notes
forming part of the Financial Statement.

4. There were no special resolution passed pursuant to the
provisions of Section 67(3) of the Act and hence, no
information as required pursuant to Section 67(3) of the
Act read with Rule 16(4) of Companies (Share Capital and
Debentures) Rules, 2014 is furnished.

5. The Company is in compliance with the applicable
Secretarial Standards issued by the Institute of Company
Secretaries of India.

6. No application was made or any proceedings pending
against the Company under the Insolvency and
Bankruptcy Code, 2016. During the year under review,
your Company has not made any onetime settlement with
any bank or financial institution.

7. There was no suspension of trading of securities of the
Company on account of corporate action or otherwise.

8. There was no revision made in Financial Statements or the
Board's Report of the Company.

9. During the year under review, no amount was required to
be transferred to Investor Education and Protection Fund.

10. No material changes and commitments have occurred
after the closure of the Financial Year 2024-25 till the date
of this Report which would affect the financial position of
our company.

ACKNOWLEDGEMENT

The Board has pleasure in recording its appreciation for the
assistance, co-operation and support extended to the
Company by the Government Authorities, Banks/Financial
Institutions, and other Stakeholders, including members,
customers, and suppliers, among others. The Company is
grateful to all employees for their exemplary co-operation
during the year. The Directors place on record their
appreciation of the excellent effort made by every employee to
enhance the company's performance.

For and on behalf of the Board of Directors of
Shree Krishna Paper Mills & Industries Ltd.

Dev Kishan Chanda Narendra Kumar Pasari

Director Managing Director

DIN:00407123 DIN: 00101426

Place : New Delhi
Date : May 30, 2025