Vrundavan Plantation Ltd — Board Meeting, 29-05-2025: Board Meeting

Vrundavan Plantation Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of Rs. 777.32 lakh for the year, compared to a profit in the previous period. Total income was Rs. 7,692.73 lakh, while expenses included cost of materials and employee benefits. During FY 2024-25, the company raised funds via preferential issuance of 8,56,872 convertible warrants at Rs. 51 each, with 25% money received so far and the balance expected within 18 months. The independent auditors have given an unmodified opinion confirming fair presentation of the financials. This update highlights ongoing capital raising efforts amid operational losses, relevant for shareholders tracking financial health and funding status.