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SVP GLOBAL TEXTILES LIMITED — Results, 23-07-2025: Reply to Clarification- Financial results
SVP Global Textiles has provided an update clarifying the official signing of its financial results for the quarter ended March 31, 2025.
The company addressed a query regarding the authorized signatory on its previously submitted results. SVP Global confirmed that its board, during a meeting on May 30, 2025, officially authorized Mr. Gopal Lohia, Chairman and Director, to sign and authenticate these financial reports.
Key points from the board's resolution on May 30, 2025, include:
* Approval of the unaudited standalone and consolidated financial results for the quarter.
* Explicit authorization for Mr. Gopal Lohia to sign, authenticate, and file these results with stock exchanges, as well as arrange for their publication.
This clarification ensures that the financial results are properly filed and officially verified, addressing any administrative concerns. Investors should note this update focuses on procedural compliance, not on the financial performance metrics themselves, as those were not part of this specific clarification document.