ALPHA TRIBE

Seya Industries LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 08:18 pm

Seya Industries has announced a board meeting to approve the financial results for the quarter and half-year. The company posted a consolidated loss of ₹630.69 lakh, weighed down by ongoing insolvency proceedings and lender disputes. Depreciation was high at ₹1,796.38 lakh, while other income stood at ₹1,507.20 lakh. No dividend was declared. Equity capital remains steady at ₹2,657.05 lakh. Negative cash flow from operations highlights operational challenges, but management is actively working with lenders to navigate the situation and keep the business afloat.

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