ALPHA TRIBE

Shree Precoated Steels LtdOthers, 21-08-2025: Others

21-08-2025 | 01:24 pm

Shree Precoated Steels announced its upcoming 17th Annual General Meeting to adopt the annual financial results and address key appointments. The company reported a total comprehensive loss of ₹0.60 Cr for the past financial year, an increase from the prior period, noting negative net worth. Auditors highlighted a material uncertainty regarding the company's going concern status, dependent on future finance. The Board is actively pursuing new business opportunities to improve performance. Shareholders will also consider new secretarial auditors and the re-appointment and revised remuneration for the Managing Director. Significant disputed tax demands of over ₹16 Cr remain outstanding.

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