Lypsa Gems & Jewellery Limited — Others, 29-05-2025: Change in Director(s)

Lypsa Gems & Jewellery Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported a net loss of ₹15.17 Cr for the year, reflecting ongoing operational challenges despite steady revenue growth. Rajesh Pravinchandra Rajyagor was appointed as an Additional Independent Director, bringing over 30 years of entrepreneurial experience in the chemicals sector. Director Bhavesh Shashikant Sheth resigned. Total equity declined notably due to accumulated losses, affecting shareholder value, while no borrowing defaults were reported.