Rollatainers Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Rollatainers has announced a board meeting on May 29, 2025, approving the financial results for the quarter and half-year. Consolidated net profit stood at Rs. 43.84 lakhs, driven by discontinued operations, while continuing operations reported a loss of Rs. 73.98 lakhs for the year. Despite accumulated losses, the company is confident about its going concern status. Strategic updates include appointing VBRG & Associates and AASK & Associates LLP as Internal and Secretarial Auditors for five years, subject to shareholder approval. Mr. Mahir Bhadani joins as Independent Director. The board has withdrawn the planned preferential issue, and the sale of subsidiary RT Packaging Limited is nearing completion.