Arcotech Limited — Board Meeting, 04-06-2025: Outcome of Board Meeting
04-06-2025 | 06:31 pm
04-06-2025 | 06:31 pm
Arcotech has announced a board meeting on June 4, 2025, approving the annual audited standalone financial results for FY25. The company posted a net loss of Rs 87.49 Cr, narrowing from Rs 143.59 Cr last year, on total income of Rs 0.95 Cr. Operations remain challenging with current liabilities surpassing assets, prompting ongoing business restructuring discussions with lenders. The board re-appointed M/s Dhar Tiku & Co. as internal auditor for FY26 and appointed M/s A Upadhyaya & Associates as secretarial auditor for five years, pending shareholder approval.
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