Palash Securities Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Palash Securities Limited has announced a board meeting approving audited consolidated financial results reporting a net loss of Rs. 17.50 Cr for the quarter and year ended March 31, 2025, mainly due to losses in the Food Processing segment. No dividend has been declared for the year. The board appointed M/s M R & Associates as secretarial auditors for five years and M/s M Parasrampuria & Co. as internal auditors for FY26. The company plans to sell its stake in Morton Foods Limited to boost liquidity and support diversified strategic investments.