Standard Industries Limited — Others, 20-05-2025: Appointment

Standard Industries Limited has announced a board meeting on 20th May 2025 approving the financial results for the quarter and half-year. The company reported a consolidated net loss of ₹13.51 Cr for the year versus a profit of ₹1.81 Cr last year, impacted by weaker trading and manufacturing performance. Earnings per share were a loss of ₹2.10 on a ₹5 face value. The board reconstituted the Audit Committee, re-appointed Shri D. H. Parekh as Executive Director pending shareholder approval, renewed M/s Bhatia & Poojari as Internal Auditor, and appointed M/s S. K. Dwivedi & Associates as Secretarial Auditor for five years. Strategic investments continue, with plans to enhance Mumbai property value.