Williamson Magor & Company Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Williamson Magor & Co. Limited has announced a board meeting where the financial results for the quarter ended June 30, 2025, were approved. The company reported a consolidated net profit of Rs 0.18 crore. However, auditors issued a qualified opinion, citing major concerns including the company's eroded net worth and its ability to operate as a 'going concern'. They also noted the non-recognition of substantial interest expenses, including Rs 10.66 crore for the quarter. Additionally, the board approved appointments for Secretarial Auditors and two Additional Directors, subject to shareholder approval.