Banka BioLoo Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Banka BioLoo has announced a board meeting that approved audited consolidated financial results for the quarter and year, reporting revenue of ₹54.50 Cr and a consolidated loss of ₹8.73 Cr. The loss mainly stems from a sizable provision linked to its subsidiary Enzotech Solutions, which is undergoing insolvency resolution, along with a goodwill impairment of ₹0.32 Cr. No dividend was declared. The board appointed new Secretarial and Internal Auditors and tightened governance by refining related party transaction policies.