Sastasundar Ventures Limited — Others, 30-05-2025: Change in Management

Sastasundar Ventures Limited has announced a board meeting outcome approving the financial results for the quarter and financial year ended March 31, 2025, with a clean audit opinion. The company re-appointed M/s. Priya Gupta & Co. as Internal Auditor and proposed M/s. MKB & Associates as Secretarial Auditor for five years, pending shareholder approval. Mrs. Rupanjana De is up for re-appointment as Independent Director for a second term, subject to shareholder consent. The standalone business reported a net loss of ₹71.37 lakh, while consolidated operations showed a net loss of ₹133.54 Cr after tax and share of associate. A subsidiary liquidated its investment in Flipkart Health Ltd., booking a net exceptional loss of about ₹191.85 Cr. Assets related to Happymate Foods Limited are held for sale. The healthcare network segment continued facing losses due to operational costs, whereas financial services remained profitable before finance costs and tax. Operating cash flows were negative at ₹117.31 Cr, reflecting ongoing capital deployment and lease payments. The company is focused on optimizing healthcare and financial services amid tough market conditions.