Board of directors approved the Unaudited Quarterly Standalone and Consolidated Results for the Second Quarter ended as on 30th Sept, 2025 and other regular business of the meeting
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Machhar Industries' board met on 11 November 2025 and approved the unaudited standalone and consolidated financial results for the second quarter ended 30 September 2025, along with other routine business items. The statutory auditors, M/s Ashok Majethia, issued a limited review report with an unmodified opinion on both standalone and consolidated results, indicating no qualifications or concerns. The company confirmed no deviation in use of issue proceeds and no outstanding defaults on loans or debt securities. Related party transactions for the half-year ended September 2025 totalled Rs. 67.44 lakhs, including managerial remuneration to the MD (Rs. 14.60L) and key managerial personnel, an inter-corporate deposit of Rs. 23.01 lakhs with Apt Packaging Ltd, and a closing investment balance of Rs. 34.08 lakhs in joint venture Nirvan Nutra Pvt Ltd.
Routine quarterly filing with a clean (unmodified) auditor opinion, which is a positive signal for shareholders. The related party transactions are relatively small and mostly relate to standard managerial remuneration and promoter-group dealings, with no flags on loan defaults or fund-raising deviations.