Shree Bhawani Paper Mills Ltd. announced that the Board of Directors of the company at its meeting held on February 14, 2014, approved the change of financial year end of the company from December 31 to March 31 in view of enactment of the companies Act, 2013. Accordingly, the current financial year will be for a period of 15 months i.e., from January 01, 2013 to March 31, 2014.