Disclosure regarding Postponement of Board Meeting
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PG Foils Ltd has postponed its board meeting originally scheduled for May 29, 2025, which was set to approve the audited standalone financial results for the quarter and financial year ended March 31, 2025. The postponement is due to a power failure caused by a voltage surge that damaged the company's main power line and computer server. The meeting has been rescheduled to June 10, 2025, at 2:00 PM IST. The trading window for insiders remains closed until 48 hours after the results are declared.
This is a procedural delay in announcing FY25 audited results due to infrastructure issues, not a business or financial concern. Shareholders may have to wait until June 10, 2025, for the results, but the delay itself is unlikely to materially impact the stock price.