Outcome of Board Meeting Dated May 27, 2025.
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Yash Chemex's Board met on 27 May 2025 and approved its audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, along with the auditors' report. Statutory auditor M/s S. L. Patel & Co. issued an unmodified (clean) opinion on both sets of results. Consolidated balance sheet showed total assets rising to Rs. 8,510.81 lakhs from Rs. 7,725.45 lakhs year-on-year (about 10% growth), while equity share capital remained at Rs. 1,024.34 lakhs. The Board also appointed M/s N. H. Desai & Co. as the new Internal Auditor for FY ending March 2026 and adopted an amended Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information (UPSI).
Routine board-meeting disclosures with a clean audit opinion are neutral-to-slightly positive for shareholders. The shift in statutory auditor from HSK & Co (FY24) to S. L. Patel & Co (FY25) and a clearly negative consolidated operating cash flow of about Rs. (1,677) lakhs are notable points investors may want to monitor.