ALPHA TRIBE

Ramasigns Industries LtdUpdates, 14-08-2025: Company Update

14-08-2025 | 04:54 pm

Ramasigns Industries' board approved the financial results for the quarter, reporting a profit of 0.63 Cr on total revenue of 1.60 Cr. The company also appointed Mr. Bipin Sikligar as an Additional Non-Executive Independent Director and M/s Pooja Gandhi & Co. as the Secretarial Auditor for five years, both subject to shareholder approval. Mr. Prashaant Manoharlal Jain resigned from the directorship due to a better career opportunity. Importantly, the auditor noted that the company has not complied with debenture covenants, failing to pay interest and principal to debenture holders for the period ended December 31, 2024. This non-payment is a key concern for investors.

No comments yet. Be the first to comment!

All announcements from Ramasigns Industries Ltd