Triochem Products Ltd — Board Meeting, 24-05-2025: Board Meeting
Triochem Products Limited has announced a board meeting on 24th May 2025, approving the financial results for the quarter and half-year. The company reported a temporary reduction in operations due to persistent impacts from the Covid-19 pandemic, notably affecting business requiring personal interaction, with no immediate recovery expected. Despite this, management assessed no material adjustments to financials and confirmed sufficient liquidity to meet obligations. Audited results showed total income of Rs. 105.01 lakh for the year, a net loss of Rs. 40.01 lakh after tax, and total comprehensive loss of Rs. 55.33 lakh. An exceptional loss of Rs. 115.65 lakh relates to interest on IGST non-compliance, disclosed separately. The board approved re-appointments of directors retiring by rotation and appointed M/s. Ragini Chokshi & Co. as secretarial auditors for five years. The 53rd AGM is scheduled to discuss these matters with shareholders.
