Avadh Sugar & Energy Limited — Others, 04-08-2025: Change in Management

Avadh Sugar & Energy's board approved the financial results for the quarter, reporting a net loss of ₹8.41 Cr, compared to a net profit of ₹8.69 Cr in the same quarter last year. Revenue from operations slightly increased to ₹716.61 Cr. The company also appointed Mr. Chandra Shekhar Nopany, a seasoned industrialist, as Managing Director and Co-Chairperson for five years, pending shareholder approval. Furthermore, Mr. Pankaj Goenka, with over 29 years of sugar industry expertise, joined as Senior Management Personnel for the Rosa Unit. These leadership changes are key for future strategy.