BGR Energy Systems Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

BGR Energy Systems has announced a board meeting on the approval of consolidated financial results for the quarter and half-year, reporting a net loss of Rs. 973 Cr and EPS of -Rs. 134.75. The company is grappling with contract terminations and bank guarantee encashments of Rs. 1,888 Cr, leading to deep net worth erosion. Operations continue with promoter support via unsecured loans of Rs. 433 Cr, alongside ongoing debt restructuring talks. The outstanding order book is Rs. 686 Cr. The board appointed R Bupathy & Co as Internal Auditor and J.V Associates as Cost Auditor for FY2025-26 and updated key corporate policies.