Shyam Telecom Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 02:19 pm
11-08-2025 | 02:19 pm
Shyam Telecom has announced a board meeting where it approved the financial results for the quarter. The company reported a net loss of ₹3.95 Cr. Auditors highlighted significant concerns, noting the company's net worth is fully eroded and current liabilities exceed assets, raising doubts about its ability to continue operations. However, the results were prepared on a going concern basis. Additionally, the board approved the Director's Report, Corporate Governance, and Management Discussion & Analysis Report for FY25. They also finalized details for the 32nd Annual General Meeting, including appointing a scrutinizer and NSDL for e-voting.
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