Due to Lack of Quorum, the Meeting of the Board of Directors of the Company has been postponed
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Royal Cushion Vinyl Products Ltd informed BSE that the Board meeting scheduled for Thursday, 29th May 2025 has been postponed because not enough directors turned up to form the required quorum (minimum attendance). The meeting was originally called to consider and approve the audited financial results for the fourth quarter and full financial year ended 31st March 2025. The company has confirmed that the trading window for insiders remains closed and will reopen on 15th June 2025. A new date for the board meeting will be communicated separately to the exchange.
This is a governance/administrative hiccup that will delay the announcement of the company's FY25 audited results. For retail investors, it means slightly more waiting for the full-year numbers, but it does not impact the business itself — only the timing of disclosure.