Palash Securities Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Palash Securities' board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a net loss of ₹30.07 crore for the quarter. Auditors highlighted a significant concern regarding subsidiary Morton Foods Limited's deferred tax asset of ₹4.51 crore. If this asset were reversed, it could increase Morton Foods' reported loss by ₹4.51 crore, impacting consolidated results and raising questions about the subsidiary's ability to continue as a going concern. Investors should watch for further updates on the subsidiary's financial health.