Ceeta Industries Ltd — Board Meeting, 30-05-2025: Board Meeting

Ceeta Industries Limited has announced a board meeting on which the board approved the audited financial results for the quarter and half-year, reporting total income of ₹23.36 Cr for the year with a net profit of ₹2.75 Cr, compared to a net loss last year. The auditors issued an unmodified opinion on these results. The company recorded exceptional income related to repayment of a large loan and compensation by a borrower, significantly boosting annual profits. The board reappointed the Secretarial and Internal Auditors for FY 2025-26 and recommended the reappointment of Mr. Krishna Murari Poddar as Managing Director for three years from September 2026, along with second terms for Independent Directors Mr. Avinash Khaitan and Mr. Arvind Kejariwal, all subject to shareholder approval. Key committees including Audit, Nomination & Remuneration, and Stakeholders Relationship have been reconstituted with these directors. These leadership and governance updates seek to ensure continuity and strengthen oversight for shareholders.