Bansal Multiflex Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Bansal Multiflex reported zero revenue and a loss of Rs 9.70 lakh for the half-year and financial year ending March 2025, with EPS at -0.13. No operations took place since insolvency proceedings began. Creditors approved, and the court sanctioned, a resolution plan to acquire and revive the company as a going concern. However, the company’s survival hinges on fresh funding and restarting operations. Auditors issued a disclaimer due to incomplete records and pending compliance.