Classic Electricals Ltd — Updates, 06-06-2025: Company Update

Classic Electricals Limited has announced a board meeting on to consider the financial results for the quarter and half-year. The company reported a loss of Rs. 19.06 Lakhs for FY 2024-25, down from a profit of Rs. 19.83 Lakhs the previous year. Revenue remained flat at Rs. 97.94 Lakhs, with employee benefits and other expenses rising significantly. No dividend is proposed due to the loss. The paid-up equity capital increased to Rs. 190.56 Lakhs from Rs. 148.52 Lakhs following a 5:1 bonus share issue to non-promoter shareholders, improving public shareholding to 26.47%. The Board recommended re-appointment of Mrs. Julie Mehul Shah as director and appointment of M/s D. Kothari & Associates as secretarial auditor for five years. The company has adequate internal controls and faces normal business risks, maintaining a positive outlook despite the loss. No material regulatory or legal issues affecting operations were reported.