M/s Veenit Pal & Associates, Company Secretary in Pratice has approved the Appointment as Secretarial Auditors for a period of five years as per attached outocme
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T Spiritual World Ltd held a board meeting on 26 May 2025 and approved its standalone audited financial results for Q4 and full year ended 31 March 2025. The company reported zero revenue from operations and total income of just Rs. 0.72 lakhs for FY25 (same as FY24), with a net loss widening slightly to Rs. 20.11 lakhs from Rs. 19.37 lakhs. Reserves are deeply negative at Rs. (1,866.85) lakhs against share capital of Rs. 2,000.20 lakhs, and management flagged that accumulated losses now exceed 50% of capital, though accounts were still prepared on a going-concern basis. Statutory auditor Mohindra Arora & Co. issued an unmodified opinion. The board also approved appointing M/s. Veenit Pal & Associates as Secretarial Auditor for five consecutive years (FY26–FY30), subject to shareholder approval.
Shareholders see another year of losses with virtually no operating revenue and eroded reserves, raising going-concern concerns despite a clean audit opinion. The stock price impact is likely negative given the weak fundamentals, though the secretarial auditor appointment is a routine governance step with no direct financial effect.