Polytex India Ltd — Board Meeting, 26-05-2025: Board Meeting

Polytex India 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 10.76 lakhs for the year, with current liabilities exceeding current assets by Rs 42.10 lakhs. Despite this, the financials have been prepared on a going concern basis supported by promoter assurance of continued financial backing. The audit report was issued with an unmodified opinion. M/s Sandeep Dubey & Associates has been appointed as the Secretarial Auditor for FY 2024-25. The company operates mainly in lending finance and has no reportable business segments.