ALPHA TRIBE

Lasa Supergenerics LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 06:12 pm

Lasa Supergenerics' Board approved the financial results for the quarter and half-year ended June 30, 2025. A major concern highlighted by auditors is a fire on May 15, 2025, at the C-4 factory, causing an uninsured loss of approximately Rs 20.58 Cr (Inventories: Rs 12.74 Cr, P&E: Rs 7.00 Cr, Other expenses: Rs 0.84 Cr). Operations at this core unit have halted, impacting all other units. Management is exploring contract manufacturing or leasing due to inability to restart operations, raising questions about the company's going concern.

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