Sunshine Capital Ltd — Others, 04-08-2025: Others

Sunshine Capital Limited has released its Annual Report for the year, showing a return to profit with a Profit After Tax of 0.68 Cr, compared to a significant loss last year. A key event was the conversion of 670 Cr of borrowed loans into equity, substantially increasing paid-up capital to 522.92 Cr and improving the CRAR to 75.26%. Auditors expressed concerns regarding internal financial controls, non-compliance with accounting standards and related party transaction regulations. The company also faced BSE penalties for non-compliance.