Outcome of Board Meeting of the Company held on 28th May, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited financial results for Q4 and FY ended 31st March 2025, with statutory auditor M/s B.M. Gattani & Co. issuing an unmodified opinion. The board appointed Suprabhat & Co. (Suprabhat Chakraborty, PCS) as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30) and M/s Abhishek R Jain & Co. as Internal Auditor for FY 2025-26. No dividend was recommended for FY 2024-25. The balance sheet shows total assets of Rs. 1,989 lakhs (largely unchanged from prior year) and other equity at a negative Rs. 1,907 lakhs, indicating accumulated losses significantly eroding shareholder equity.
This is a routine annual results and auditor appointment filing with no major surprises. The negative reserves and absence of dividend signal ongoing financial stress, which shareholders should track in upcoming quarters.