Nureca Limited — Others, 06-05-2025: Appointment

Nureca Limited has announced a board meeting outcome approving the financial results for the quarter and half-year, with unmodified audit opinion. The company appointed M/s Singhi & Co as new statutory auditors for five years, replacing M/s BSR & Co LLP, pending shareholder approval. M/s MGSG and Associates and M/s A. Arora & Company were appointed as internal and secretarial auditors, respectively. The Board approved merging its wholly owned subsidiary, Nureca Technologies Pvt Ltd, into the holding company to streamline operations and cut costs. Key directors were re-appointed, and the 9th Annual General Meeting is scheduled via video conferencing. Standalone revenue stood at Rs.1146.40 million with net worth of Rs.1917.38 million; the subsidiary reported revenue of Rs.228.14 million and net worth of Rs.53.94 million. Audit reports confirmed strong internal controls and no concerns over going concern status.