Ontic Finserve Ltd — Board Meeting, 17-05-2025: Board Meeting

Ontic Finserve Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved the audited results along with the independent audit report by K M Chauhan & Associates. The audit found no material misstatements, and the company maintains adequate internal financial controls. Management confirmed all advances totaling Rs.3.36 Cr will be fully recovered in FY 25-26. There were no frauds or whistleblower complaints reported. The auditor was appointed following the resignation of the previous firm during the year. The company maintains proper records with no defaults on loans or statutory dues.