Approved the Unaudited Financial Results along with the Limited Review Report by the Auditors, for the Quarter ended 30th June 2025. Appointed Ms. Ashitha K (DIN: 07233606), as Additional ....
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Southern Latex Limited's board, meeting on 12 August 2025, approved its unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The company reported zero revenue from operations, with only other income of Rs. 6.00 lakhs, total expenses of Rs. 4.73 lakhs, and a profit after tax of Rs. 1.27 lakhs (up from Rs. 0.65 lakhs in Q1 FY25). EPS stood at Rs. 0.017. The company operates solely in the coir sales segment. The board also appointed Ms. Ashitha K as an Additional Independent Non-Executive Director for a 5-year term starting 12 August 2025, and confirmed she is not debarred from holding office nor related to any existing director or KMP. Additionally, CA Ms. Harshini was appointed as Internal Auditor and M/s SPAN & Co. as Secretarial Auditor for FY26–FY30. The 36th AGM was scheduled for 10 September 2025 via video conferencing, with the record date set as 3 September 2025.
For shareholders, this is a routine quarterly update from a micro-cap company with negligible operating revenue, so the financial improvement is marginal and unlikely to move the stock meaningfully. The new independent director and auditor appointments are standard governance housekeeping with no immediate material impact on share price.