Acrow India Ltd — Board Meeting, 30-05-2025: Board Meeting

Acrow India Limited has announced a board meeting outcome approving the audited standalone balance sheet and profit & loss account for the quarter and financial year ended March 31, 2025. The company appointed M/s Kiran Doshi & Co as Secretarial Auditor for FY 2025-26 and approved related party transactions with Rishi Realcon and Brindavan Cotton Mills, subject to member approval. The audit by Gautam N Associates identified lease accounting under Ind AS 116 as a key focus but issued an unmodified opinion, confirming no material issues. The company reported a net loss of Rs. 886.8 Lakhs for FY 2025, with no dividend declared, regular repayment of loans to related parties, and adequate internal financial controls operating effectively.