Abhijit Trading Company Ltd — Updates, 29-05-2025: Company Update

Abhijit Trading Co Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company, primarily a Core Investment Company, recorded a net profit of Rs. 29.675 lakh as per Ind AS. It holds substantial loans and investments in associate companies, with unsecured loans outstanding of Rs. 518.28 Cr, a portion of which (Rs. 285.35 Cr) was converted into equity shares due to financial constraints of the borrowing entities. The statutory auditors confirmed the fairness of financial statements and noted no instances of fraud or material misstatements. Internal controls over financial reporting were found adequate and effective. No related party transactions or public deposits were reported, and the company has complied with statutory dues.