Stanrose Mafatlal Investments & Finance Ltd — Board Meeting, 21-05-2025: Board Meeting

Stanrose Mafatlal Investments and Finance Limited has announced a board meeting outcome where it approved the financial results for the quarter and half-year, with auditors giving an unmodified opinion. The company reported losses for the year and decided not to declare any dividend to conserve funds. The 45th Annual General Meeting will be held via video conference. Ms. Aziza A. Khatri has resigned as an Independent Director and will not seek reappointment; Ms. Abhirami M. Patel has been appointed as a new Independent Director for five years, subject to shareholder approval. Several board committees were reconstituted accordingly. M/s. Manoj Hurkat & Associates has been appointed as Secretarial Auditors for five years, and M/s. R B T & Associates were reappointed as Internal Auditors for 2025-26. The company plans to enter a new business venture involving the manufacture and supply of garment accessories and textiles, diversifying beyond its investment activities.