Aruna Hotels Ltd — Board Meeting, 29-05-2025: Board Meeting

Aruna Hotels Limited has announced a board meeting on to approve the financial results for the quarter and half-year. The audit by Bala & Co. confirms the results present a true and fair view in line with Indian accounting standards. Notably, the company recorded a waiver of interest payable amounting to Rs. 12.72 Cr from borrowings with group companies, recognized under other income for FY 24-25. The auditors found no material misstatements and affirmed the adequacy of the company’s internal financial controls and going concern status.