Outcome of Board Meeting
Price
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Aviva Industries' board approved its audited financial results for the quarter and year ended 31st March 2025, reporting a sharp drop in revenue and a wider loss. Full-year revenue from operations fell to just Rs. 3.19 lakhs from Rs. 57.57 lakhs in the previous year, while the net loss for FY25 widened to Rs. 8.65 lakhs from Rs. 3.45 lakhs. Loss per share for the year stood at Rs. 0.58. The board also appointed Ms. Deepika Vaid as the new Company Secretary and Compliance Officer effective 2nd June 2025, filling a long-standing vacancy. The auditor issued a qualified opinion, flagging the absence of a whole-time Company Secretary as a compliance breach under the Companies Act. Trading in the company's shares remains suspended on BSE due to non-payment of listing fees.
Shareholders should note a steep revenue collapse, persistent losses, and an ongoing BSE trading suspension over unpaid listing dues — all of which weigh on liquidity and investor confidence. The new CS appointment may help restore some governance compliance, but the weak financials and suspended trading are red flags for near-term stock performance.