Hemisphere Properties India Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Hemisphere Properties India Limited has announced a board meeting on May 28, 2025, approving the audited standalone financial results for the quarter and year ended March 31, 2025, posting a net loss of ₹245.15 lakh due to provisions and finance costs. The company is monetizing its Pune land parcel, shifting it from investment property to stock-in-trade to signal active development plans. The board also approved appointing M/s Kumar Naresh Sinha & Associates as Secretarial Auditor for five years, pending shareholder approval.