Kimia Biosciences Ltd — Board Meeting, 14-08-2025: Board Meeting
14-08-2025 | 02:41 pm
14-08-2025 | 02:41 pm
KIMIA's Board of Directors met and approved the financial results for the quarter and three months ended June 30, 2025. The company reported revenue from operations of Rs 2.36 Cr and a profit of Rs 0.60 Cr for the period. Additionally, the Board approved raising an unsecured loan of Rs 2 Cr at an 8% annual interest rate, which will bolster finances. A key management change also occurred with Mr. Pradip Kumar Sharma appointed as the new Chief Financial Officer. The Board also noted and discussed a warning letter from BSE regarding prior disclosure lapses, signaling a focus on compliance.
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