Bansal Multiflex Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 08:04 pm
30-05-2025 | 08:04 pm
Bansal Multiflex Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ending March 31, 2025. The company reported zero revenue and a loss of ₹9.70 lakh, reflecting continued operational inactivity after its CIRP acquisition. No dividend was declared. The board confirmed that the resolution plan is in place, but normal business operations have yet to resume. The auditor flagged concerns over insufficient records and ongoing restructuring challenges, raising doubts about the company’s ability to continue as a going concern.
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