Shri Vasuprada Plantations Ltd — Board Meeting, 17-05-2025: Board Meeting

Shri Vasuprada Plantations Ltd. has announced a board meeting on May 17, 2025, during which it approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The company reported a standalone net profit of Rs. 206.61 lakh and a consolidated net profit of Rs. 108.21 lakh for the quarter. Exceptional income arose from a gratuity liability write-back following the transition to the Assam Gratuity Fund Scheme. Depreciation expense was reduced due to reassessment of rubber bearer plants after a High Court order permitting sale of depleted rubber trees. The company holds listed secured non-convertible debentures with a security cover above 100% and confirmed compliance with all related covenants. Additionally, the board approved voluntary delisting of equity shares from The Calcutta Stock Exchange, with shares continuing to trade on BSE.