Continental Seeds and Chemicals Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Continental Seeds and Chemicals Limited has announced a board meeting on financial results for the quarter and half-year. Revenue dipped slightly to Rs 90.75 Cr from Rs 97.68 Cr last year, but profit after tax jumped to Rs 1.83 Cr from Rs 0.67 Cr, with EPS up to Rs 1.44. No dividend was declared. The board approved a preferential issue of 9.99 lakh shares at Rs 29 each and 82.99 lakh convertible warrants to boost capital. Assets grew to Rs 36.62 Cr, driven by inventory and receivables, while borrowings held steady at Rs 3.35 Cr. Management appointed Mr. Lalit Kumar Goswami as Executive Director and a new Company Secretary was added. Pending tax and GST litigation stands at Rs 3.77 Cr, with management optimistic on outcomes.