Shiva Mills Limited — Important, 22-05-2025: Updates

Shiva Mills has announced a board meeting to approve the financial results for the quarter and half-year. The company’s net loss widened to ₹381.12 lakh from ₹324.91 lakh despite revenue increasing to ₹16,930.54 lakh. Elevated operating expenses continued to pressure profitability. No dividend has been declared. The board approved partial changes to the Managing and Joint Managing Directors' pay, pending shareholder approval. Key audit appointments were reconfirmed, and a new secretarial auditor was proposed for a five-year term.