Standard Industries Limited — Important, 07-11-2024: Financial Result Updates

Standard Industries Limited reported its unaudited financial results for Q2 and the half-year ending September 30, 2024, showing a loss before tax of ₹137.69 lakhs. The Board appointed Shri Vedant Rajiv Podar and Shri Rajanya Pradeep Mafatlal as additional Non-Executive Directors, pending shareholder approval. A postal ballot notice is set for shareholder voting on these appointments. The company's investments in its subsidiary, Standard Salt Works, remain unaffected by current market conditions.