Borana Weaves Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 06:43 pm
04-08-2025 | 06:43 pm
Borana Weaves' board has approved strong Q1 FY26 standalone financial results. Revenue surged to ₹8.10 Cr, up from ₹7.87 Cr last quarter and ₹6.22 Cr YoY. Profit after tax climbed to ₹1.22 Cr, compared to ₹1.09 Cr previously and ₹1.01 Cr YoY.
The board also increased company borrowing limits and the flexibility to sell or lease substantial assets. They approved material related party transactions and limits for loans/investments. The Annual General Meeting is set for September 10, 2025. Key appointments include M/s. KSA & Co. as Statutory Auditor and Mr. Jitendrakumar Rawal as Secretarial Auditor, with Director Mr. Rajkumar Borana reappointed.
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