T Spiritual World Ltd — Board Meeting, 26-05-2025: Board Meeting
T. Spiritual World Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The company reported a net loss of Rs. 20.11 lakh for the year, widening slightly from Rs. 19.37 lakh last year, with no revenue from operations and marginal other income. Total expenses increased marginally to Rs. 20.83 lakh. The balance sheet shows equity of Rs. 1.33 crore and total assets of Rs. 1.35 crore. The company continues as a going concern despite accumulated losses exceeding 93% of its share capital. M/s. Veenit Pal & Associates has been appointed as the new Secretarial Auditor for five years, subject to shareholder approval. There were no borrowings or changes in capital during the year. The statutory auditor issued an unmodified opinion on the financials.
