PLEASE FIND THE ATTACHED REVISED OUTCOME OF THE BOARD MEETING HELD ON 30.05.2025
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Sujala Trading & Holdings Ltd submitted the revised outcome of its board meeting held on May 30, 2025. The board approved the audited financial results for the quarter and financial year ended March 31, 2025, and appointed CS Aakansha Vaid as the new Company Secretary and Compliance Officer. For FY25, revenue from operations stood at Rs. 148.52 lakhs, down from Rs. 163.33 lakhs in FY24, while the company reported a net loss of Rs. 13.67 lakhs (vs. a loss of Rs. 16.95 lakhs in the previous year). Total expenses fell to Rs. 162.20 lakhs from Rs. 180.40 lakhs. Net cash from operating activities dropped sharply to Rs. 5.16 lakhs from Rs. 30.68 lakhs. The auditor issued an unmodified opinion but flagged several Emphasis of Matter points, including non-booking of interest income on advances given, no interest paid on loans taken from related parties (Midnight Agencies, Motorex Finance, Ascent Dealmark), and an outstanding income tax demand of Rs. 80.21 lakhs for AY 2018-19 under appeal.
The company continues to post losses and is seeing shrinking revenues, though the loss narrowed slightly year-on-year. The auditor's emphasis-of-matter points on unrecovered advances, unpaid interest on related-party borrowings, and a pending tax dispute are concerns shareholders should watch closely. The appointment of a Company Secretary addresses a compliance gap but does not change the weak operating outlook.