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Rudra Ecovation LtdResults, 13-08-2025: Result

13-08-2025 | 01:27 pm

Rudra Ecovation has announced the outcome of its board meeting held on August 13, 2025. The company approved the financial results for the quarter ended June 30, reporting a total revenue of 5.33 Cr and a net loss of 0.87 Cr. The board confirmed no deviation in the use of funds from its preferential warrant allotment, with 7.65 million warrants still pending conversion. Additionally, Mr. Surjit Singh resigned as Non-Executive Independent Director, and Mr. Dharam Veer Singh was appointed as his replacement, subject to shareholder approval. The company also reconstituted its committees, merging the Securities Transfer Committee into the Stakeholder Relationship Committee for efficiency. An amalgamation scheme with Shiva Texfabs Limited is awaiting regulatory approval.

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