Kreon Finnancial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/05/2025 ,inter alia, to consider and approve -Approval of Financial ....
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Kreon Finnancial Services Ltd has informed BSE that its Board of Directors will meet on Friday, May 16, 2025 at 12:00 PM at its registered office in Chennai. The key items on the agenda are: (a) approval of audited financial results for the quarter and full year ended March 31, 2025 along with the audit report from statutory auditors M/s. Darpan & Associates; (b) applying for a Payment Aggregator (PA) and Prepaid Payment Instrument (PPI) license from RBI; and (c) noting compliance reports for Q4 FY25. The trading window for dealing in company securities is already closed since April 1, 2025 and will reopen 48 hours after the board meeting concludes.
Investors should watch for the Q4/FY25 audited results on May 16 for actual financial performance. The PA/PPI license application is a forward-looking diversification move into digital payments, which could be a positive long-term catalyst if approved by the RBI, though no immediate financial impact is expected.