Alexander Stamps And Coin Ltd — Board Meeting, 22-05-2025: Board Meeting
22-05-2025 | 08:40 pm
22-05-2025 | 08:40 pm
Alexander Stamps and Coins Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported total revenue of Rs. 44.47 lakh and a net loss of Rs. 3.82 lakh for the year. Inventories stand at Rs. 1643.84 lakh, forming a significant portion of assets, with valuation based on a previous year’s report, leading to auditor qualifications on inventory and investments worth Rs. 113.67 lakh due to missing documents. The company plans to shift to an asset-light model and is addressing outstanding income tax demands of Rs. 357.63 lakh. Changes in the board include promotion of three directors and appointment of a new secretarial and internal auditor for the coming years.
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