Eastern Silk Industries Limited — Others, 14-08-2025: Appointment

Eastern Silk Industries' board approved the first-quarter financial results, reporting a net loss of ₹0.19 Cr on total income of ₹7.13 Cr. A significant development is the company's complete fulfillment of its resolution plan obligations, including the final payment tranche to financial creditors. This crucial milestone enables management to shift focus toward operational revival, prioritizing product portfolio expansion, entering new domestic and international markets, and implementing cost optimization initiatives. These strategic steps aim to improve operational margins and create sustainable long-term value. The board also appointed a Cost Auditor and an Internal Auditor for the financial year 2025-26.