Due to Lack of Quorum the meeting of the Board Of Directors of the Company scheduled to be held on Thursday 29th May, 2025 has been Postponed.
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Royal Cushion Vinyl Products has postponed its board meeting originally scheduled for Thursday, May 29, 2025, citing lack of quorum among directors. The meeting was intended to consider and approve the audited financial results for the quarter and full year ended March 31, 2025 (FY 2024-25). The trading window for designated persons dealing in the company's shares remains closed and will reopen on June 15, 2025. The company has stated that the rescheduled date for the board meeting will be communicated separately to the exchange.
This is a procedural delay that pushes back the expected announcement of FY25 audited results, but the company has indicated the meeting will be rescheduled, suggesting no deeper governance or financial issues. Shareholders may need to wait a bit longer for the full-year earnings announcement.