Heubach Colorants India Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting
16-07-2025 | 09:28 pm
16-07-2025 | 09:28 pm
Heubach Colorants India's board met, approving audited financial results for FY25. The company reported a Net Profit of ₹51.45 Cr on ₹825.06 Cr revenue. Auditors issued a modified opinion, citing concerns over a ₹25.81 Cr unauthorized asset transfer. An ₹8.82 Cr exceptional loss from a warehouse fire was noted, with ₹1.5 Cr insurance received. Leadership changes include Mr. Ravi Kapoor's resignation as Chairman, with Mr. Rajesh Rathi stepping in. New auditors for statutory, internal, cost, and secretarial functions were appointed.
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