Arcotech Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Directors of Arcotech Limited has approved the financial results for the quarter and half-year ended September 30, 2024, reflecting a loss before tax of ₹1,671.16 crore for the half-year period. Total income for the quarter was ₹0.04 crore, while expenses amounted to ₹846.24 crore, primarily driven by finance costs and depreciation. The results indicate continued financial challenges for the company as it navigates ongoing restructuring discussions with lenders. Further details will be published in the appropriate newspapers as per regulatory requirements.