LWS Knitwear Ltd — Board Meeting, 30-05-2025: Board Meeting

LWS Knitwear Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025. The audited results showed revenue from operations at Rs. 48.34 Cr and a net profit of Rs. 2.53 Cr for the year. The company completed its right issue, raising Rs. 317.23 Cr, fully utilizing the proceeds for loan repayment, working capital, corporate purposes, and issue expenses. The Board appointed M/s Bhambri & Associates as the new Secretarial Auditor for five years, subject to shareholder approval. The company received an unmodified audit opinion, reflecting clean financials and effective internal controls.