Raj Rayon Industries Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Raj Rayon Industries has announced a board meeting to approve the financial results for the quarter and half-year. On a consolidated basis, total assets stood at ₹500.29 Cr, net worth dipped to ₹108.20 Cr, and borrowings increased to ₹194.46 Cr. Operating cash flow was negative ₹92.27 Cr due to higher working capital needs. The company appointed Ms. Riddhi Shah as Secretarial Auditor for the next five years, pending shareholder nod. The audit report included some qualifications, indicating certain issues in the financial statements.