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Radix Industries (India) LtdBoard Meeting, 04-08-2025: Board Meeting

04-08-2025 | 08:17 pm

Radix Industries (India) Ltd.'s board met and approved the financial results for the quarter ended June 30, 2025. The company reported a net profit of ₹0.63 Cr on total income of ₹8.18 Cr. In management changes, P. Lenin Babu resigned as Company Secretary, with K.S. Gaurav Tummala appointed as his successor from August 5. The board also conveyed its inclination for M/s. P S Rao & Associates as the Secretarial Auditor for a five-year term, pending shareholder approval. A significant strategic move includes the approval to incorporate a wholly-owned subsidiary in the USA for marketing and distributing human hair products, expanding its international footprint.

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