In terms of Regulation 30 of the SEBI LODR Regulations, this is to inform you that the Board of Directors of the Company at their meeting held today i.e. July 21, 2025, has inter-alia considered ....
Awaiting price reaction for this filing.
Sir Shadi Lal Enterprises reported a loss after tax of Rs 646.64 lakhs in Q1 FY26 (quarter ended June 30, 2025), wider than the Rs 401.31 lakh loss before tax in the year-ago period. Revenue from operations fell to Rs 9,284.53 lakhs from Rs 9,637.43 lakhs YoY, a decline of about 3.7%. Finance costs surged dramatically to Rs 875.83 lakhs from just Rs 21.15 lakhs a year ago, reflecting higher borrowings. The sugar segment posted a profit of Rs 254.89 lakhs while the distillery segment stayed shut since Sugar Season 2024-25 and recorded a loss of Rs 226.50 lakhs. Other equity is deeply negative at Rs (21,486.52) lakhs, and the auditor flagged a going concern reliance on holding company Triveni Engineering & Industries, which has issued a financial support letter. The Board also appointed Mr. Rakesh Kumar as the new Company Secretary and Compliance Officer effective July 21, 2025.
Persistent losses, deeply negative net worth, and dependence on the parent (Triveni Engineering) for survival make this a high-risk stock; shareholders are effectively waiting on the pending amalgamation scheme with Triveni Engineering for any meaningful recovery in value.