South Asian Enterprises Ltd — Dividend/Bonus, 28-05-2025: Corp. Action

South Asian Enterprises Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a standalone net loss of Rs. 333.53 lakhs and a consolidated net loss of Rs. 87.57 lakhs for the year. Exceptional items include a Rs. 318.52 lakh provision for impairment on loans and investments related to its subsidiary Chai Thela Private Limited (CTPL), which was sold in late March after continued losses and inability to repay loans. The impairment of Rs. 160.87 lakhs on goodwill in consolidated results reflects this divestment. The company operates in multiple segments, with trading and others contributing to revenues, while entertainment and food & beverage segments showed losses. New internal and secretarial auditors have been appointed for FY 2025-26.