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

Williamson Magor has announced a board meeting outcome. The board approved its consolidated financial results for the quarter, reporting a Profit After Tax of Rs. 1.77 Cr. However, auditors expressed serious concerns about the company's ability to continue as a going concern due to eroded net worth. They also highlighted that Rs. 10.66 Cr in interest expenses for inter-corporate borrowings were not recognized this quarter, impacting the reported profit. Additionally, the board approved the appointment of MKB & Associates as Secretarial Auditors and welcomed Mrs. Sonali Datta Sarkar and Mr. Tabrez Ahmed as Additional Directors, pending shareholder approval.