Amit Spinning Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Girnar Spintex Industries has announced a board meeting on approving the financial results for the quarter and half-year. The company is running steady with no audit issues and has expanded by acquiring a fabric manufacturing unit from March 1, adding ₹6.87 Cr revenue in that month alone. Net worth remains solid with equity share capital of ₹2.06 Cr and reserves, despite some accumulated losses. No fresh debt or defaults were reported. This move into fabric manufacturing signals strategic diversification to strengthen their operations.