Barflex Polyfilms Limited — Others, 17-05-2025: Appointment

Barflex Polyfilms has announced a board meeting on 16-05-2025 where it approved the audited standalone and consolidated financial results for the year ended March 31, 2025. The company raised ₹12.31 Cr through an IPO, using ₹4.999 Cr for capital expenditure and issue expenses, with the balance parked in fixed deposits. It appointed M/s MAARS and Associates as internal auditors and M/s Harendra Kumar Pareek & Co as cost auditors for FY 2025-26, while M/s PARV AND Co. and M/s GNK & Associates were appointed statutory and secretarial auditors respectively for five years. The board approved acquiring a 51% stake in JV BA FLEXPACK PRIVATE LIMITED. Internal controls were adequate with no pending litigations.