No. As of September 2026, Seshasayee Paper and Boards Ltd (502450.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Seshasayee Paper and Boards Ltd does not pass Musaffa's business and financial screening criteria.
Seshasayee Paper & Boards Ltd. engages in the business of manufacture and sale of writing and printing paper. The firm has plants in two locations, one at Erode and another at Tirunelveli with an aggregate capacity to produce approximately 255,000 tons of paper per annum. Its product range includes MF I, MF II, MG, Yankee, and MF III. Its MF I products include color sprint (blue/green/pink/yellow), Azurewove, ledger paper (blue) and parchment paper (w/ns). The firm's Yankee products include MG Poster Plain/Ribbed (W/NS), MG Ribbed Kraft (OT) and MG Ribbed Kraft (YT). Its MG products include MG Poster (W/NS), MG Maplitho (W/NS) and Bristol Paper (W/NS). The firm's MF products manufactured at Tirunelveli plant include NSS Superfine, NSS superfine (high bulk), Silverbrite, NSS superfine (classic/pink shade), Silverbrite (classic / pink shade), NSS superfine (NS), Silverbrite (NS) and copier.
Seshasayee Paper and Boards Ltd 502450.BO
₹251.65 ₹6.95 (2.84%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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502450.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Seshasayee Paper and Boards Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Seshasayee Paper and Boards Ltd (502450.BO)
As of September 2026, Seshasayee Paper and Boards Ltd 502450.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Seshasayee Paper and Boards Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Seshasayee Paper and Boards Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Seshasayee Paper and Boards Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Seshasayee Paper and Boards Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Seshasayee Paper and Boards Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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