ALPHA TRIBE

BPL LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 04:49 pm

BPL Limited has announced a board meeting on approving the financial results for the quarter and half-year. Consolidated revenue stood at Rs. 136.74 Cr with a slim profit of Rs. 0.48 Cr after a hefty one-time legal settlement expense of Rs. 66.14 Cr. Preference shares worth Rs. 169.59 Cr remain unredeemed due to lack of sufficient profits. The board reappointed Ajit G Nambiar as CMD for three years and extended terms of independent directors. An EGM will be held soon for key shareholder approvals.

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