Purpose of the meeting has been revised
Awaiting price reaction for this filing.
Ratnakar Securities Ltd (Scrip: MANGASOF) has informed the BSE that its Board of Directors will meet on Friday, November 14, 2025, to consider and approve the audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2025. The company has revised the purpose of the meeting. The trading window will reopen 48 hours after the results are made public. Importantly, the company was previously under the Corporate Insolvency Resolution Process (CIRP), and its resolution plan was approved by NCLT Ahmedabad in September 2022. Trading in the stock remains currently suspended by the exchange, and the company has made payments towards BSE claims, listing fees, contingent liabilities, and reinstatement/revocation fees as per the resolution plan.
For shareholders, this is a routine intimation of a board meeting to approve annual audited results, but the stock remains suspended from trading. Any positive FY25 results combined with the resolution plan execution could be a step towards possible revocation of the trading suspension, but investors should note the elevated risk profile given the company's insolvency history.