Stanrose Mafatlal Investments & Finance Ltd — Updates, 21-05-2025: Company Update

Stanrose Mafatlal Investments and Finance Limited has announced a board meeting on which the financial results for the quarter and half-year were approved and audited reports were received with unmodified opinions. The company reported losses for the year and accordingly will not declare any dividend, aiming to conserve funds. Ms. Aziza A. Khatri resigned as Independent Director effective June 29, 2025, and Ms. Abhirami M. Patel has been appointed as a new Independent Director for five years, subject to shareholder approval. Committees were reconstituted accordingly. M/s. Manoj Hurkat & Associates were appointed as Secretarial Auditors for five years, and M/s. R B T & Associates re-appointed as Internal Auditors for FY 2025-26. The company is entering a new business venture involving garment accessories and knitwear manufacturing and supply.