Avadh Sugar & Energy Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 02:20 pm
04-08-2025 | 02:20 pm
Avadh Sugar & Energy's board has approved the financial results for the quarter ended June 30, 2025. The company reported a net loss of ₹8.41 Cr. As is common for the seasonal sugar industry outside the crushing period (November-May), operations can show variations. Key leadership changes were also approved: Mr. Chandra Shekhar Nopany is appointed Managing Director, designated as Co-Chairperson, for a five-year term starting September 1, 2025, following a proposal from the Nomination and Remuneration Committee and subject to shareholder nod. Mr. Pankaj Goenka also joins as Senior Management Personnel.
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