Nilachal Refractories Ltd — Important, 19-08-2025: Company Update

The company's board has approved its financial results for the quarter and half-year, reporting a net loss of 0.42 Cr. Auditors noted a material uncertainty regarding the company's ability to continue operations, citing cumulative losses and a negative net worth of 28.36 Cr. Significant unprovided liabilities for preference share dividends and redemption premium, totaling over 29 Cr, were also highlighted. The board announced key management changes, appointing a new Company Secretary and Chief Financial Officer.