Patspin India Ltd — Board Meeting, 05-08-2025: Board Meeting

Patspin India Limited's board approved the financial results for the quarter ended June 30, 2025, reporting a net loss of ₹2.36 Cr and a cash loss of ₹1.62 Cr. Despite eroded net worth and past debt servicing issues, the company plans to resume its own cotton yarn manufacturing due to improved demand, aiming for better EBITDA. A new debt restructuring plan submitted to lenders, confirmed viable by a technical-economic viability study, is under consideration. Shri B.K. Patodia retired as Chairman, conferred as Chairman Emeritus, and Shri Umang Patodia was appointed Chairman. The 34th Annual General Meeting is set for September 29, 2025.