Walchandnagar Industries Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Walchandnagar Industries Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company utilized Rs. 247.59 Cr raised through fully convertible equity warrants primarily for loan repayments (Rs. 76 Cr), working capital (Rs. 60.9 Cr), and capex (Rs. 38.5 Cr). Related party transactions totaling Rs. 1.53 Cr, including director remunerations and purchases, were approved. Auditors gave a clean opinion on the audited standalone results, reflecting stable financial governance.