Alpha Tribe

Akshar Spintex LimitedBoard Meeting, 09-04-2025: Outcome of Board Meeting

09-04-2025 · 03:28 pm

The board meeting resulted in the approval of a final dividend of ₹50 crore, reflecting the company's strong financial performance. Consolidated revenue for the quarter stood at ₹200 crore, with a net profit of ₹30 crore. Additionally, strategic plans for a merger were discussed, aiming to enhance market share and operational efficiencies. The board also greenlit a fundraising initiative to support ongoing projects, positioning the company for future growth. Overall, this meeting's resolutions are set to bolster the company's financial standing and strategic direction.

No comments yet. Be the first to comment!

All announcements from Akshar Spintex Limited