Sir Shadi Lal Enterprises Ltd — Others, 16-08-2025: Others

Sir Shadi Lal Enterprises reported FY25 revenue of ₹268.34 Cr, down from ₹462.15 Cr, leading to a net loss of ₹44.60 Cr, exacerbated by higher finance costs and a ₹30.70 Cr tax reversal from derecognized tax benefits. The company, now a subsidiary of Triveni Engineering & Industries (TEIL), is working to improve operations. TEIL has infused ₹128.50 Cr and provided ₹363 Cr in comfort letters, helping clear significant cane dues. The distillery remained non-operational for repairs. The company has announced its 91st Annual General Meeting on Monday, September 8, 2025, to adopt the fiscal year's financial results and approve director re-appointment and auditor remuneration. An amalgamation with TEIL is proposed, awaiting stock exchange clearance, which addresses going concern concerns.