Systematix Corporate Services Ltd — Updates, 29-07-2025: Company Update
Vivin Drugs & Pharmaceuticals, engaged in pharmaceutical manufacturing, has invited Expressions of Interest for a resolution plan. This move is part of the company's corporate insolvency resolution process. Potential applicants must submit their EOI by August 13. The company's sales stood at Rs 161.36 crore in FY2022-23 and Rs 106.41 crore in FY2023-24, with no sales in FY2024-25. This invitation is a critical step to identify a resolution applicant, impacting the company's future business and all stakeholders involved in the ongoing restructuring.
Wonderla Holidays will convene its 23rd Annual General Meeting (AGM) on August 19 through video conferencing. The Board has proposed a final dividend of Rs 2.00 per equity share for the financial year ended March 31, 2025. Eligible shareholders can cast votes electronically from August 15 to August 18, with August 12 set as the record date. The company's share transfer books will be closed from August 14 to August 19. If approved, the dividend payout will commence on or after August 20. This update is key for shareholder engagement and dividend reception.
Triveni Glass has reported its financial results for the quarter ended June 30, 2025. The company posted a total income from operations of Rs 12.62 crore for the quarter, incurring a net loss of Rs 0.07 crore. In comparison, the same quarter last year saw a net profit of Rs 0.09 crore on an income of Rs 10.02 crore. Basic earnings per share for the current quarter was (0.06). This indicates a decline in performance year-over-year, which investors should monitor closely.
United Spirits Limited has issued a public notice regarding the reported loss of 500 equity shares belonging to shareholder Ramesh Ved, identifiable by certificate number MS108761 and specified distinctive numbers. These original share certificates are now considered cancelled, and any transactions involving them will not be recognized by the company. The public is advised against dealing with these certificates. Anyone with claims against these shares must lodge their complete documentary evidence with the company within seven days, after which duplicate share certificates will be issued. This ensures clarity in share ownership.
