Southern Magnesium & Chemicals Ltd — Updates, 07-08-2025: Company Update

The company's Board of Directors has approved the financial results for the quarter ended June 30, 2025, reporting a net loss of approximately 0.10 Cr, compared to a loss of 0.07 Cr in the same quarter last year. The Board also approved the re-appointment of Mr. N Ravi Prasad as Managing Director & CEO and Mr. N Rajender Prasad as Joint Managing Director & CFO for three years, subject to shareholder approval. The 39th Annual General Meeting will be convened on September 29, 2025, via video conferencing, with specific book closure dates set. These decisions ensure leadership continuity and provide crucial financial and governance updates to investors.