Automobile Products of India Ltd — Board Meeting, 11-08-2025: Board Meeting
11-08-2025 | 05:32 pm
11-08-2025 | 05:32 pm
Automobile Products of India's Board approved the financial results for the quarter ended June 30. The company reported a Total Income of 0.0425 Cr and a Net Loss of 0.0425 Cr. A key concern is the complete erosion of net worth, with the Holding Company committing financial support to ensure the company remains a going concern. Additionally, BSE imposed charges of 0.3977 Cr due to non-compliance with Minimum Public Shareholding requirements, for which the company has sought a waiver. These details highlight the challenging financial and compliance landscape.
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