Palash Securities Limited — Others, 15-05-2025: Change in Management

Palash Securities has announced a board meeting on the approval of the financial results for the quarter and financial year ended March 31, 2025. The company posted a standalone net profit of Rs. 471.79 lakhs but reported a consolidated net loss of Rs. 1,765.19 lakhs. No dividend has been declared for the year. The Board approved appointing new secretarial and internal auditors for FY 2025-26. It also approved selling equity in its loss-making subsidiary, Morton Foods, to improve liquidity and fund strategic diversification. Deferred tax asset uncertainties continue to affect consolidated results and auditor opinion.