Please find attached Outcome of 01st of 2025-2026 Board Meeting held on Tuesday, the 20th Day of May, 2025, commenced at 12:30 P.M. (IST) and concluded at 02:00 P.M. (IST).
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors approved the audited financial results for Q4 and FY ended March 31, 2025. The company reported zero revenue from operations, with total income of Rs. 43.87 lakhs (down from Rs. 50.39 lakhs in FY24), almost entirely from other income. The company swung from a profit of Rs. 8.74 lakhs in FY24 to a loss of Rs. 3.69 lakhs in FY25, with EPS of Rs. (0.07). Operating cash flow was negative at Rs. (54.01) lakhs. The statutory auditor issued an unmodified opinion. The Board also approved the re-appointment of the Secretarial Auditor (B.K. Barik & Associates) for 5 years, appointment of GRPS & Co. as Internal Auditor for FY26, and set the AGM date for September 25, 2025 with book closure from September 19-25, 2025.
Shareholders should note the company is no longer profitable, has no operational revenue, and is burning cash from operations, which raises concerns about business sustainability despite the clean audit opinion. The AGM and book closure window is September 19-25, 2025, which is relevant for shareholders tracking corporate actions.