ALPHA TRIBE

Pro Clb Global LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 07:59 pm

Pro CLB Global Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a net loss of ₹98.03 lakhs for the year, primarily due to absence of operating revenue; income was driven solely by interest and rental income. An exceptional item includes a ₹37.86 lakhs loan write-off reflecting non-recovery. The company cancelled its intended acquisition of a 99% stake in Unity Foils after paying ₹130 lakhs advance, impacting consolidation plans. The audit report was issued with an unmodified opinion, though notes highlighted delay in recovery of ₹754.60 lakhs advances, no provision for employee gratuity, and reliance on non-operating income.

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