Jyoti Structures Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Jyoti Structures has announced a board meeting to approve the financial results for the quarter and half-year. The board okayed both standalone and consolidated audited financials. The company converted 10 lakh warrants into equity shares at Rs. 13.20 each, raising Rs. 1.32 Cr and nudging paid-up capital to Rs. 238 Cr. Auditor notes mentioned continued reconciliation of trade receivables and management certification for unaudited foreign branches. Several overseas subsidiaries remain non-operational with eroded net worth, but management sees no risk of impairment.