Jayshree Chemicals Ltd — Updates, 24-04-2025: Company Update

Jayshree Chemicals has announced a board meeting outcome, approving the audited financial results for the quarter and year ended 31st March 2025, showing a net loss of ₹27 crore. The auditors provided an unmodified opinion. The board also appointed Smt. Puja Guin as Company Secretary and Compliance Officer, effective from the same date, and recommended Jaiswal A & Co as the Secretarial Auditor for a five-year term, subject to shareholder approval. Notably, the company approved the disinvestment of its wind power division to Vaishnav Infra Pvt Ltd for ₹276 crore and confirmed the permanent closure of its Electric Business Division. The 63rd AGM is set for 10th June 2025, and these moves aim to streamline operations and enhance focus on core competencies, which could positively influence investor sentiment.