Vishal Bearings Ltd — Others, 26-08-2025: Others

Vishal Bearings Limited's 34th Annual Report for FY2024-25 reveals a revenue drop to 86.64 Cr from 98.70 Cr, leading to a loss after tax of (2.59) Cr, a shift from last year's 1.11 Cr profit. No dividend was declared. The 34th Annual General Meeting is scheduled for September 20, 2025. Agenda items include the re-appointment of Mr. Vijay Vrajlal Changela and Mrs. Amee Ketankumar Dadhania as Independent Director for a second term. Auditors highlighted discrepancies in quarterly bank statements versus final books and noted that some accounting software lacked a full audit trail. Key financial ratios, including debt-equity and return on equity, deteriorated significantly.