ALPHA TRIBE

Srestha Finvest LtdResults, 31-05-2025: Result

31-05-2025 | 11:30 am

Srestha Finvest Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The auditors issued a qualified opinion due to the company not providing interest of Rs. 68.25 lakh on borrowings/ICD from Arcadia Shipping Ltd, related to an ongoing dispute; the company is exploring legal options. This non-provision decreased finance costs and losses by Rs. 17.07 lakh for the quarter and Rs. 68.25 lakh for the year. The board also approved the appointment of SPAN & Co. as secretarial auditors for five years, subject to shareholder approval.

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