Lypsa Gems & Jewellery Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Lypsa Gems & Jewellery Limited has announced a board meeting on approving the financial results for the quarter and half-year. The consolidated revenue stood at ₹16.69 Cr, but the company posted a net loss of ₹15.17 Cr due to rising costs despite higher sales. On the governance front, Mr. Rajesh Rajyagor, an entrepreneur from the chemicals industry, joined as an Additional Independent Director, replacing Mr. Bhavesh Sheth, who resigned. The company remains debt default-free and maintains healthy liquidity.