Viaz Tyres Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors of Viaz Tyres Limited has announced a board meeting outcome detailing the approval of standalone and consolidated financial results for the half-year ended September 30, 2024, as well as an increase in the authorized share capital from ₹12.51 crore to ₹25 crore. Additionally, the board backed a fundraising initiative of up to ₹50 crore through rights or preferential issues, pending necessary approvals. The net profit for the half-year is reported at ₹1.30 crore, reflecting a stable performance amid operational adjustments.