Williamson Magor & Company Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of Williamson Magor & Co. Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key decisions include the reappointment of Mr. Sudipta Chakraborty as the Manager & CFO for two additional years and the reappointment of M/s MKB & Associates as Secretarial Auditors and M/s R. Dugar & Associates as Internal Auditors for respective upcoming financial years. The company's financial performance reflects challenges with liquidity and the implication of defaulting on loan repayments, highlighting the need for strategic measures moving forward.