Elgi Rubber Company Limited — Important, 29-05-2025: General Updates

Elgi Rubber Company approved reversal of Rs. 2.13 Cr interest income from overseas subsidiaries to ease their cash flow. Loan repayment tenure for US, Netherlands, and Brazil subsidiaries extended to 2030/2034 with a 3-year moratorium, boosting liquidity. No dividend declared for FY25. Consolidated revenue stood at Rs. 389 Cr, but a loss before tax of Rs. 4.5 Cr was reported due to exceptional costs and elevated expenses. New independent director Ashty David proposed; key auditors re-appointed.