Flexituff Ventures International Limited — Board Meeting, 31-05-2025: Outcome of Board Meeting

Flexituff Ventures International has announced a board meeting approving the financial results for the quarter and half-year. The consolidated numbers shine with a one-time settlement gain of Rs. 165.85 Cr from FCCBs and Rs. 377.60 Cr profit from selling its FIBC business completed in April 2024. They also reversed Rs. 16.18 Cr in finance costs from restructuring benefits. However, auditors raised concerns over the company’s ability to continue as a going concern amid ongoing financial and operational challenges.