Shivamshree Businesses Ltd — Board Meeting, 01-08-2025: Board Meeting
01-08-2025 | 05:44 pm
01-08-2025 | 05:44 pm
Shivamshree Businesses' Board has approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 2.69 crore and a loss of Rs 0.47 crore. Auditors issued a qualified opinion due to insufficient balance confirmations for trade receivables, payables, and loans/advances, affecting their verification. Additionally, the company recently issued 3 crore new equity shares at a premium, successfully raising Rs 4.50 crore, which has been fully accounted for. Investors should note the audit qualification.
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