Pursuant to Regulation 30 of the SEBI(LODR) Regulations 2015, we wish to inform that the Board of Directors of the company at there meeting held today i.e Thursday, May 29,2025, have inter ....
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The board approved audited financial results for Q4 and FY ended March 31, 2025. Statutory auditor Singi Tayal & Co issued an unmodified (clean) opinion on the results. No dividend was recommended for the year. Mr. Aman Mittal, part of the promoter group (3.78% holding, son of MD Madhu Mittal), was re-appointed as Whole Time Director for three years effective August 1, 2025. Ms. Apoorva Singh was appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and M/s Sanjeev Meenu & Co was re-appointed as Internal Auditor for FY 2025-26.
A clean audit opinion is reassuring for shareholders, but the absence of a dividend may disappoint income-seeking investors. The re-appointment of a promoter-family director reinforces existing management control, which is neutral for minority shareholders pending their approval at the AGM.