Trescon Ltd — Board Meeting, 20-05-2025: Board Meeting

Trescon Limited has announced a board meeting on May 20, 2025, approving the financial results for the quarter and half-year ended March 31, 2025, with an unmodified audit opinion on standalone results. The board also approved forfeiture of 13,86,600 partly paid-up shares due to non-payment of call money and conversion of 9,00,000 partly paid-up shares upon receipt of Rs 67.5 lakhs. M/s AVS & Associates and M/s Bhagat Ajay & Co have been appointed as Secretarial and Internal Auditors, respectively. Standalone revenue stood at Rs 934.80 lakhs with a net loss of Rs 28.71 lakhs. Consolidated results reflected revenues of Rs 934.88 lakhs and a net loss of Rs 263.54 lakhs, impacted by acquisition-related accounting and valuation uncertainties.