Pursuant to Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 please find enclosed copies of newspaper advertisement for the Quarter and Year ended ....
Awaiting price reaction for this filing.
Viaan Industries Ltd has informed BSE that it published newspaper advertisements for its Q4 and FY25 (ended March 31, 2025) audited financial results in English and Marathi newspapers on June 1, 2025, as required under SEBI LODR Regulation 47. The ad reveals a tiny business with Q4 FY25 revenue from operations at Rs 0.00 lakh and a net loss of Rs 8.63 lakh, widening from Rs 3.05 lakh loss in Q3 FY25. For the full year FY25, revenue was just Rs 2.20 lakh versus nil in FY24, with a net loss of Rs 32.14 lakh versus Rs 27.69 lakh in FY24, and an EPS of (Rs 0.32) vs (Rs 0.28). The filing also confirms that the company has changed its name from Viaan Industries Limited to Redmax Footwears Limited, following an MCA approval dated May 5, 2025, with the new name now reflected on company letterheads.
Minor immediate stock impact expected — this is primarily a procedural compliance filing. However, the name change to Redmax Footwears signals a strategic pivot into the footwear business, and shareholders should note the company continues to post losses with negligible revenue, indicating the business is at a very early or transitional stage.