Simplex Infrastructures Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Simplex Infrastructures has announced a board meeting on August 13, 2025. The board approved the consolidated financial results for the quarter ended June 30, 2025, reporting a net loss of ₹0.89 Cr. Auditors noted a qualified opinion, citing ₹6.44 Cr in interest expense was not provisioned for non-assigned lenders.

The company saw a leadership transition, with Mr. Sukumar Dutta retiring as Whole-time Director & CFO, and Mr. Samiran Kumar Bhattacharyya appointed as his successor from September 1, 2025.

Significant fundraising occurred: ₹209.22 Cr from a preferential equity issue and ₹53.62 Cr upfront for convertible warrants. Overdue debts of ₹296.83 Cr remain, but the monitoring agency confirmed no deviation in funds utilized from recent issues.