International Conveyors Limited — Board Meeting, 13-02-2025: Outcome of Board Meeting
13-02-2025 | 06:20 pm
13-02-2025 | 06:20 pm
The Board of Directors has approved the financial results for the quarter and nine months ended December 31, 2024, with consolidated revenue from operations reported at ₹87.62 crore and a profit after tax of ₹79.47 crore. They have also appointed M/s Rajesh Kumar Shaw & Co. as the Secretarial Auditor for FY 2024-25. Additionally, the Board approved the proposal to close Conveyor Holdings Pte. Ltd., Singapore, which contributed a minimal revenue and net worth, indicating a strategic shift towards operational efficiency. The closure is anticipated by April 30, 2025.
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