Outcome of board meeting
Awaiting price reaction for this filing.
The board of Inditalia Refcon Ltd met on September 8, 2025 and approved the Board's Report for the financial year ended March 31, 2025, while scheduling the 39th Annual General Meeting for September 30, 2025. It recommended the re-appointment of Mr. Navin Sheth (DIN: 02501231) as Director, subject to shareholder approval via a special resolution. The board approved the Secretarial Audit Report for FY 2024-25 and recommended re-appointment of M/s. CS Nisha & Associates as Secretarial Auditor for five consecutive years (FY 2025-26 to FY 2029-30). It also recommended re-appointment of statutory auditors M/s. Shah Kailash & Associates LLP for a similar five-year term. Contextually, the company had no manufacturing or trading activity during FY25 and reported a net loss of Rs. 6.78 lakhs, with no dividend declared. The BSE compulsory delisting notice issued in June 2023 continues to remain pending.
Routine governance and auditor re-appointments with no fresh business catalysts. Shareholders should note the company's continued operational dormancy, ongoing losses, and the unresolved BSE delisting proceedings which remain a key overhang on the stock.