Rajnandini Metal Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

Rajnandini Metal Limited has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported net sales of ₹73.88 crore and a loss of ₹1.99 crore for the quarter. Auditors issued a qualified opinion due to significant ongoing tax disputes: a ₹290.70 crore GST demand and a ₹16.98 crore income tax demand. Management is contesting these, asserting the liabilities will not crystallize, and has made no provisions. Investors should monitor these contingent liabilities.