ALPHA TRIBE

Advance Lifestyles LtdOthers, 25-08-2025: Others

25-08-2025 | 03:09 pm

Advance Lifestyles Limited has submitted its Annual Report for FY25 and announced its 36th Annual General Meeting on September 18, 2025, via video conference. For FY25, the company posted a profit after tax of Rs. 1.43 Cr, a notable jump from Rs. 0.21 Cr last year, partly driven by a Rs. 1.16 Cr gain from an investment property sale. No dividend was proposed. Key board changes include a new Managing Director and two Independent Directors joining. Auditors noted Rs. 75.65 Cr in outstanding loans to other parties with unspecified repayment terms, including some interest-free. The company also faced a penalty for delayed financial results and a prolonged Company Secretary vacancy.

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