South Asian Enterprises Ltd — Others, 28-05-2025: AGM/EGM

South Asian Enterprises Limited has announced a board meeting on 28 May 2025, during which it approved the audited standalone and consolidated financial results for the year ended 31 March 2025. The standalone results showed a loss of ₹333.53 lakhs with total income of ₹67.90 lakhs, impacted by a significant impairment loss of ₹318.52 lakhs on loans and investments in its subsidiary, Chai Thela Private Limited (CTPL), whose entire stake was sold in March 2025 due to continued losses and non-repayment of loans. Consolidated results reflected a loss of ₹87.57 lakhs after impairment of goodwill worth ₹160.87 lakhs related to CTPL. The company appointed new internal and secretarial auditors for FY 2025-26. Segment-wise, trading and entertainment faced losses while other segments contributed positively. Cash flow remained negative from operations, primarily due to impairments and loan provisions, highlighting ongoing financial challenges despite operational income.