Dharani Sugars & Chemicals Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Dharani Sugars and Chemicals has announced a board meeting approving the audited financial results for the quarter and year ended March 31, 2025, reporting continued net losses driven by high finance costs despite post-insolvency revival efforts. Key moves include appointing Srinivasan & Shankar as Internal Auditor, SRR & Associates as Cost Auditor, and M Damodaran & Associates LLP as Secretarial Auditor for five years. Mr. Arunachalam Sennimalai was re-appointed as director, and Mr. Mahalingam Venkatachalam (IFS Retd) joined as an independent director, pending shareholder approval. The company plans to resume commercial operations by November 2025.