Venlon Enterprises Ltd — Results, 30-05-2025: Result
30-05-2025 | 09:36 pm
30-05-2025 | 09:36 pm
Venlon Enterprises Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has fully eroded net worth and current liabilities exceeding current assets as of March 31, 2025. However, it continues on a going concern basis due to an interest-free shareholder loan of USD 13.85 million, restructured under a currency swap with repayment extended to April 2030 without interest. Management has also restarted trading activities using existing assets and available funds, indicating a cautious operational revival despite previous segment shutdowns.
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