Ballarpur Industries Limited announced the appointment of Shweta Jain as an Independent Director during a board meeting held on November 11, 2025. Jain, a Fellow Chartered Accountant with over 20 years of experience, is the Founder Partner of Shweta Jain & Co. LLP, where she has extensive expertise in financial oversight and governance across various sectors including manufacturing and IT services. This strategic addition to the board is expected to bolster the company’s commitment to transparency and sustainable business practices.

In the same meeting, the board approved several financial results including the unaudited standalone and consolidated financial results for multiple quarters and the audited consolidated financial statement for the year ended March 31, 2025. The results for the quarter and half year ended September 30, 2025, were reviewed by the Audit Committee, and the statutory auditors, M/s. Batliboi & Purohit, issued a modified opinion on the audit report for the fiscal year ending March 31, 2025. The company has committed to addressing the implications of these audit qualifications as part of its ongoing compliance efforts.

Furthermore, the board appointed Viral Sanghavi & Associates as Secretarial Auditors for the financial year 2024-25, reinforcing the company’s governance framework. The meeting commenced at 7:07 PM and concluded at 10:30 PM, highlighting a comprehensive agenda focused on both governance and financial performance. All relevant details, including the financial results and Jain’s profile, were made available to shareholders and are accessible on the company’s website, ensuring adherence to the Securities and Exchange Board of India (SEBI) regulations.