Shiva Cement Ltd — Board Meeting, 28-04-2025: Board Meeting

Shiva Cement Limited's Board has approved the audited financial results for the quarter and year ended March 31, 2025, reporting a significant net loss of ₹14,247.68 lakhs and accumulated losses totaling ₹43,387.11 lakhs. Despite the challenging financial performance, the company has received ₹40,000 lakhs from a rights issue, improving its net worth. Management expressed optimism about future operational improvements, citing revised strategies and better performance from production facilities. The financial statements remain prepared on a going concern basis, reflecting ongoing confidence in recovery and future profitability.