ALPHA TRIBE

Aananda Lakshmi Spinning Mills LtdBoard Meeting, 12-08-2025: Board Meeting

12-08-2025 | 05:45 pm

Aanandalakshmi Spinning Mills' board met and approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated loss of 2.21 Cr, significantly impacted by exceptional items of 2.06 Cr, primarily write-offs of export duty credit and cross-subsidy surcharge. Auditors issued a qualified opinion due to unprovisioned interest on unpaid TDS of 0.19 Cr. The board also appointed Ms. Rajani Elaprolu as an Additional Non-Executive Independent Director, following the exit of Ms. Sushma Gupta. Additionally, M/s. HSP & Associates LLP were appointed as the new Secretarial Auditors for five years.

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