Pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting ....
Awaiting price reaction for this filing.
The Board of Devhari Exports (India) Ltd met on 23rd May, 2025 and approved three items: (1) Standalone Audited Financial Results for Q4 and Full Year ended 31st March, 2025; (2) Appointment of M/s. Jitendra Parmar & Associates as Secretarial Auditor for FY 2024-25; and (3) Appointment of M/s. D G M S & Co. as Internal Auditor for FY 2025-26. For FY25, the company reported nil revenue from operations, total expenses of Rs. 13.43 lakh (entirely finance costs), and a net loss of Rs. 13.43 lakh versus a Rs. 1,011.59 lakh loss in FY24. The negative net worth stood at Rs. 310.71 lakh with cash of just Rs. 1.17 lakh and short-term borrowings rising to Rs. 306.30 lakh from Rs. 173.78 lakh. The statutory auditor issued an unmodified (clean) opinion on the results.
Negative – the company continues to report zero operating revenue and losses, with eroded shareholder equity (negative reserves) and rising borrowings, signalling continued financial weakness for shareholders.