Goenka Diamond and Jewels Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Goenka Diamond and Jewels' Board (currently overseen by the Interim Resolution Professional) has approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated loss after tax of ₹0.23 Cr and a total comprehensive loss of ₹0.59 Cr. Additionally, the Board moved to apply for an extension for the FY2024-25 Annual General Meeting. Auditors have flagged material uncertainties regarding the company's ability to continue as a going concern, citing non-recovery of dues and ongoing insolvency proceedings.