ALPHA TRIBE

Sir Shadi Lal Enterprises LtdUpdates, 26-05-2025: Company Update

26-05-2025 | 08:43 pm

Sir Shadi Lal Enterprises Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of ₹268.34 Cr for the year, with a loss after tax of ₹44.60 Cr, impacted by operational challenges and changes in accounting policies, including a shift from land revaluation to cost model. The sugar segment showed improved results, while the distillery remained shut for repairs during the sugar season. The company is now a subsidiary of Triveni Engineering & Industries Limited, which is providing ongoing financial and technical support, and plans for amalgamation with the holding company are underway. New appointments include Mr. Rahul Saini as Secretarial Auditor for five years and Mr. Rishi Mohan Bansal as Cost Auditor for FY 2025-26, both subject to shareholder approval.

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