Eurotex Industries and Exports Limited — Others, 08-01-2025: Statement of deviation(s) or variation(s) under Reg. 32
Eurotex Industries and Exports Limited has clarified that Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to them, as there were no rights or preferential issues throughout the year, leading to no material deviations for the quarter ended December 31, 2024.
The company's net worth has decreased significantly, reported at ₹(2,716.45) crore as of March 31, 2024, down from ₹(2,026.77) crore the previous year. This ongoing decline raises concerns about the company's financial stability and may affect investor confidence. Investors should consider this context as indicative of potential risks amid the company's operational strategy.
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