Asit C Mehta Financial Services Ltd — Board Meeting, 31-07-2025: Board Meeting
31-07-2025 | 03:13 pm
31-07-2025 | 03:13 pm
Asit C. Mehta Financial Services Ltd. (ACMFSL) has announced that its board approved the unaudited financial results for the quarter and half-year ended June 30, 2025. For the quarter, the company reported a standalone loss after tax of ₹0.1154 Cr and a consolidated loss after tax of ₹2.40 Cr. The board also approved raising funds up to ₹50 Cr through a Rights Issue of equity shares to existing shareholders. A Rights Issue Committee has been formed to determine the specific terms, including the issue price and ratio. This move is significant as it will strengthen the company's capital base for future operations.
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