Submission of Outcome of Board Meeting held on Thursday, 29th May, 2025 at 04:00 p.m. at the Registered Office of the Company.
Awaiting price reaction for this filing.
The board of Maa Jagdambe Tradelinks met on 29th May 2025 and approved the audited financial results for the quarter and full year ended 31st March 2025. The statutory auditor, Girish G. Patwardhan, issued an unmodified (unqualified) opinion on the results, though the auditor's report confirms the company reported a net loss for both Q4 and the full financial year. The board also appointed M/s. Abhilasha Chaudhary & Associates as Secretarial Auditors for FY 2024-25. A declaration confirming the unqualified audit opinion was separately filed with BSE as required under SEBI Listing Regulations.
While a clean (unqualified) audit opinion is positive for credibility, the confirmation of a net loss for FY25 is negative for shareholders — it signals continued profitability challenges. Appointment of a Secretarial Auditor is routine compliance and unlikely to move the stock.