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Prime Urban Development India LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 12:12 pm

The company's board has approved its standalone and consolidated financial results for the quarter ended June 30, 2025. For the quarter, standalone revenue was 0.04 Cr with a net loss of (0.02) Cr, while consolidated revenue was 0.01 Cr with a net loss of (0.02) Cr. The board also approved a significant change to the company's main business objectives, pending shareholder approval. This update would allow the company to operate as general merchants, traders, importers/exporters, and deal in various securities. Additionally, an ongoing legal dispute over a Rs. 13.30 Cr amount received in 2007 from a partnership firm remains unresolved, with accounting dependent on the arbitration outcome.

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