Outcome of BM held on 29.05.2025

Pact Industries Limited's Board approved audited results for FY25 reporting a steep revenue collapse, with full-year revenue from operations falling to about ₹160.59 lakhs from ₹650.54 lakhs in the previous year (roughly a 75% decline). The company posted a net loss of ₹502.38 lakhs for FY25 versus a loss of ₹516.28 lakhs last year, while Q4 alone saw a loss of ₹479.19 lakhs on revenue of just ₹6.43 lakhs. Total expenses of ₹642.62 lakhs were nearly four times the revenue, swelling losses and pushing reserves deep into the red at negative ₹828.35 lakhs, leaving the company with negative net worth of approximately ₹274.27 lakhs. The auditor flagged an Emphasis of Matter note stating the company's bank credit facility was declared a Non-Performing Asset (NPA) in FY23, so no interest provision was made in FY25, though the audit opinion itself remained unmodified. Operating cash flow stayed negative at around ₹24.70 lakhs, and borrowings of ₹1,080.23 lakhs sit against a now-negative equity base. The Board also appointed a new Secretarial Auditor (CS Pooja Damir Miglani for 5 years), an Internal Auditor for FY26, and a new Company Secretary & Compliance Officer (Mr. Raghav Maheshwari).