Gujarat Winding Systems Ltd — Board Meeting, 24-05-2025: Board Meeting

Gujarat Winding Systems Limited has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved the audited financial results for the quarter and year ended March 31, 2025. The independent auditor's report confirms the financial statements give a true and fair view and comply with Indian accounting standards. The audit found no significant issues, frauds, or internal control deficiencies. The company has outstanding income tax dues related to assessment years 1997, 2019, and 2020, with interest amounts also noted. No dividend was declared during the year. Internal financial controls were found to be adequate and effective.