Hindustan Organic Chemicals Ltd — Results, 13-08-2025: Result
13-08-2025 | 03:38 pm
13-08-2025 | 03:38 pm
Hindustan Organic Chemicals' Board approved the quarter ended June 30, 2025 financial results, which received an unmodified audit opinion. The company re-appointed Cost Auditors and approved the Director's Report and Cost Audit Report for FY24-25. Details for the 64th Annual General Meeting were finalized. Significantly, the Board approved a paid-up capital reduction linked to the Ministry of Corporate Affairs' waiver of Preference Shares. This decision builds on the prior Government of India waiver of substantial loans (Rs 435.86 Cr) and preference shares (Rs 270 Cr) along with related interest, which has materially improved the company's financial structure and reversed past expenses.
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