Shiva Mills Limited — Others, 23-05-2025: Copy of Newspaper Publication

Shiva Mills Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income of Rs. 41.55 Cr for the quarter and Rs. 170.92 Cr for the year. It posted a net loss after tax of Rs. 0.77 Cr for the quarter and Rs. 3.81 Cr for the year, with earnings per share at negative Rs. 0.89 and Rs. 4.41, respectively. Multiple secured creditors have begun possession and auction proceedings on mortgaged properties due to loan defaults linked to related parties, potentially affecting asset recoveries and shareholder value.