SEL Manufacturing Company Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

SEL Manufacturing has announced a board meeting where it approved the financial results for the quarter and half-year. The company posted a net loss of Rs. 130.72 Cr for the year, driven by severe liquidity issues and shutdowns of key plants. Debt stands at Rs. 187.43 Cr for FY26, adding pressure. Revenues were largely from limited job work as manufacturing remained mostly idle. M/s Lal Ghai & Associates were appointed as secretarial auditors. The company’s survival hinges on securing fresh long-term funding.