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Shree Ram Proteins LimitedBoard Meeting, 11-08-2025: Outcome of Board Meeting

11-08-2025 | 01:16 pm

Shree Ram Proteins Ltd (SRPL) held a board meeting where it approved the financial results for the quarter ended June 30, 2025. However, auditors raised significant alarms, stating a material uncertainty about SRPL's ability to continue as a going concern. This stems from fund shortages, loan and statutory payment defaults, and ongoing Corporate Insolvency Resolution Process (CIRP) proceedings. Auditors also noted the lack of balance confirmations, inventory, and asset inspections, issuing an adverse opinion on these matters.

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