Tasty Dairy Specialities Ltd — Board Meeting, 30-05-2025: Board Meeting

Tasty Dairy Specialities Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of ₹97.41 Cr with earnings per share at a loss of ₹24.81. Significant challenges persist, including frozen bank accounts, overdue lender payments, ongoing recovery proceedings under SARFAESI, and negative net worth. The management is actively engaging with lenders for a revival/settlement plan and plans cost-saving measures to improve operations, maintaining the going concern assumption. Leadership changes include reappointments and new appointments for executive and independent directors. Secretarial and cost auditors have also been appointed/reappointed.