Shri Niwas Leasing And Finance Ltd — Board Meeting, 30-05-2025: Board Meeting

Shri Niwas Leasing and Finance Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a significant loss before tax and exceptional items of ₹116.36 lakh. Total assets stand at ₹116.68 lakh, primarily comprising loans of ₹116.49 lakh, while equity is negative at ₹116.15 lakh due to accumulated losses. The board also approved the appointment of M/s VRSK & Associates as the new statutory auditor, succeeding M/s H K Chhabra & Co., who resigned due to unavailability. Cash flow from operations was marginally positive, but investing activities showed substantial outflows.