Transwarranty Finance Limited — Others, 31-07-2025: Change in Auditors
31-07-2025 | 06:43 pm
31-07-2025 | 06:43 pm
At a recent board meeting, Transwarranty Finance approved the financial results for the quarter, reporting a standalone profit of **0.57 Cr** and a consolidated loss of **0.86 Cr**. An accounting policy change for investments in subsidiaries was retrospectively applied, restating comparative figures for the prior quarter with a **13.07 Cr** unrealized gain. The board also approved the re-appointment of M/s. Yogesh Sharma & Co. as Secretarial Auditor for five years, pending shareholder approval. Crucially for future growth, the company plans to raise up to **12.95 Cr** by issuing unlisted Non-Convertible Debentures via private placement and will also explore External Commercial Borrowings, both subject to shareholder approval.
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