ALPHA TRIBE

Sujala Trading & Holdings LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 03:44 pm

Sujala Trading & Holdings Ltd has announced a board meeting outcome approving the financial results for the quarter and financial year ended March 31, 2025. The company also appointed CS Aakansha Vaid as Company Secretary and Compliance Officer. The audited financial statements show a loss for the year, with the company not recognizing interest income on advances amounting to Rs. 12.7 Cr, treating these as business advances. Bad debts of Rs. 1.24 Cr were written off, and no interest was paid or provided on certain loans. The auditor reported no material misstatements, adequate internal financial controls, and no pending litigations impacting financial position. The company has complied with corporate governance requirements and has no dividend payout during the year.

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