SVP GLOBAL TEXTILES LIMITED — Board Meeting, 14-08-2025: Outcome of Board Meeting
14-08-2025 | 06:14 pm
14-08-2025 | 06:14 pm
SVP Global Textiles' board has announced a meeting, approving Q1 FY26 consolidated financial results. The company reported a net loss of Rs 50.51 crore on sales of Rs 5.03 crore for the quarter ended June 30, 2025.
The board dissolved its Corporate Social Responsibility and Risk Management Committees, while reconstituting the Audit and Stakeholders Relationship Committees.
**Key Insights:** Two major subsidiaries under insolvency (CIRP) are not consolidated, impacting these results. Finance costs post-June 2024 are unprovided due to lender issues. A Rs 35.63 crore default case is also pending at NCLT.
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