Indo Rama Synthetics (India) Limited — Others, 15-05-2025: Copy of Newspaper Publication

Indo Rama Synthetics has announced a board meeting to consider the financial results for the quarter and half-year. It reported total income from operations of ₹1136.75 Cr for the quarter and ₹3989.94 Cr for the year, posting net profit of ₹49.54 Cr for the quarter and ₹20.08 Cr for the year, reversing prior losses. Newly incorporated subsidiaries have yet to begin operations. State Bank of India issued a possession notice over a borrower’s default of Rs. 26.41 lakh, signaling potential action. Shilchar Technologies initiated a postal ballot for re-appointing an independent director and flagged non-performing home loan accounts. Excel Industries reported ₹978.07 Cr in income and ₹85.31 Cr net profit for the year, highlighting borrower irregularities and appointing a company secretary to oversee voting compliance. Apar Industries posted consolidated income of ₹1221.23 Cr quarterly and ₹4267.96 Cr yearly, with net profits of ₹51.07 Cr for the quarter and ₹140 Cr for the year, turning profitable after prior losses. Victory Electric Vehicles filed a draft IPO prospectus, advising investors to review risks carefully.