Abate As Industries Ltd — Results, 30-05-2025: Result

Abate AS Industries has announced a board meeting on which approved the audited financial results for the year ended March 31, 2025, along with the auditor’s report, confirming an unmodified opinion. The board appointed three additional independent directors—Mr. Rishin Rasheed, Mr. Ambramoli Purushothaman, and Mr. Sivadas Chettoor—to strengthen governance, and approved a change in designation for two existing directors. The company also appointed M/s. Sasi Vijayan & Rajan as the internal auditor and M/s. Lakshmmi Subramanian & Associates as secretarial auditor for upcoming terms, reflecting a focus on enhanced compliance and internal controls. No deviation was reported in the use of proceeds from the preferential issue.