Outcome of Board meeting held on 14.11.2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved unaudited standalone financial results for the half year ended 30 September 2025. Revenue from operations fell sharply to Rs. 215.19 lakhs compared to Rs. 678.15 lakhs in the same period last year, a drop of about 68%. Total revenue declined to Rs. 215.19 lakhs from Rs. 575.70 lakhs, and net profit collapsed to just Rs. 0.08 lakhs from Rs. 0.81 lakhs earlier. The board also accepted the resignation of Independent Director Mrs. Chanchal Nuwal with effect from 12 November 2025. The limited review report from Nenawati & Associates was clean, with no material misstatements flagged.
Sharp revenue decline and near-zero profits signal serious business stress for shareholders. The exit of an independent director warrants watching for any governance or succession concerns, though day-to-day management remains unchanged.