Flexituff Ventures International Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting
14-08-2025 | 08:38 pm
14-08-2025 | 08:38 pm
Flexituff's board approved the consolidated financial results for the quarter. Revenue plummeted to ₹11.11 Cr from ₹79.95 Cr year-on-year. The company reported a loss of ₹18.33 Cr, a stark contrast to last year's ₹276.78 Cr profit, which included a ₹377.60 Cr gain from a business sale. Auditors flagged material uncertainties casting doubt on Flexituff's ability to continue as a going concern due to operational and financial difficulties. The 32nd Annual General Meeting is scheduled for September 30, 2025. The board also approved the appointment of new Secretarial Auditors and re-appointment of Statutory Auditors.
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