Palash Securities Limited — Important, 15-05-2025: Updates

Palash Securities has announced a board meeting approving the financial results for the quarter and half-year, reporting a standalone net profit of ₹4.72 Cr. No dividend declared. The company plans to sell equity shares in material subsidiary Morton Foods to unlock liquidity and pursue diversified investments. Morton Foods’ losses affected consolidated results, with audit reports carrying a qualified opinion on deferred tax asset recognition. New internal and secretarial auditors have been appointed for the coming years.