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Shree Krishna Paper Mills & Industries registers with BIFR

Shree Krishna Paper Mills & Industries announced that as per audited Balance Sheet as on 31 March 2014 the accumulated losses of the Company were higher than the Net Worth. Accordingly, the Company had filed the necessary reference with Board of Industrial Financial Reconstruction (BIFR) under Section 15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985.

The Board for Industrial and Financial Reconstruction (BIFR) has registered the said reference filed by the Company.

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