Housing Development And Infrastructure Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2025 ,inter alia, to consider and approve Standalone ....
HDIL · price
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HDIL has informed BSE that a board meeting is scheduled for 30th May 2025 at 3:00 p.m. to consider and approve the Standalone Audited Financial Results for the quarter and financial year ended 31st March 2025. Importantly, the company is still under Corporate Insolvency Resolution Process (CIRP) since the NCLT Mumbai Bench order dated 20th August 2019. The affairs of the company continue to be managed by Resolution Professional Mr. Abhay Narayan Manudhane rather than the regular Board of Directors. No financial numbers have been disclosed yet — only the meeting date has been intimated.
This is a routine advance intimation of a results meeting, but shareholders should note that HDIL remains under insolvency resolution, which is a significant risk factor. The actual financial performance and any update on the CIRP status will only be known after the meeting on 30th May 2025.