Ind-Swift Laboratories Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 09:06 pm
11-08-2025 | 09:06 pm
Ind Swift Labs (INDSWFTLAB) Board has approved audited financial results for Q4 and FY25. For FY25, consolidated net profit stood at Rs 538.75 Cr on a total revenue of Rs 1709.15 Cr. The company's merger with Ind Swift Ltd is now effective. As part of the merger, the board approved the allotment of Rs 14.20 Cr in new preference shares to former Ind Swift Ltd shareholders, with future redemption planned. Additionally, 15.32 lakh warrants were converted to equity shares. The company continued its asset monetization, selling Unit-III plant & machinery for Rs 38.40 Cr, Unit-IV land & building for Rs 16.10 Cr (part payment), and Dairy Unit land & building for Rs 0.85 Cr.
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