Barflex Polyfilms Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Barflex Polyfilms has announced a board meeting on which it approved the consolidated and standalone audited financial results for FY25 with clean audits. The company raised ₹12.31 Cr through an SME IPO in Jan ’25 and has deployed ₹4.99 Cr mainly toward capex and issue expenses, aligning with its plans. New internal and cost auditors have been appointed for FY26, while the board plans to appoint PARV AND Co. as statutory auditors and GNK & Associates as secretarial auditors for 2025-30. A key move includes a 51% equity acquisition in its JV, BA FLEXPACK PRIVATE LIMITED.