Hindustan Organic Chemicals Ltd — Board Meeting, 13-08-2025: Board Meeting
13-08-2025 | 03:35 pm
13-08-2025 | 03:35 pm
HOCL's Board approved the financial results for the quarter ended June 30, 2025, showing a standalone loss of Rs. 6.50 Cr and a consolidated loss of Rs. 6.22 Cr, with an unmodified audit opinion. A significant positive is the Government of India waiving Rs. 435.86 Cr in loans, Rs. 270 Cr in preference shares, and over Rs. 645 Cr in combined accrued and penal interest. The company re-appointed Cost Auditors, approved the Directors' Report, and set its 64th Annual General Meeting for September 26, 2025. HOCL continues its restructuring plan, including asset monetization.
No comments yet. Be the first to comment!
