ALPHA TRIBE

Cressanda Railway Solutions LtdImportant, 06-09-2025: Company Update

06-09-2025 | 01:39 pm

Cressanda Railway Solutions' AGM will adopt financial results for FY25. Revenue plunged 78% to ₹24.94 Cr, and PAT dropped 96% to ₹0.32 Cr, as the company strategically exited commodities trading to focus solely on Railway Auxiliary Services. Operations expanded with a 5-year Eastern Railway contract for Wi-Fi, advertising, and concierge services across 18 zones, plus new green energy and distributorship ventures. However, the company is under SEBI investigation for alleged fictitious transactions and past shareholding issues, with promoters barred, though a stay order is in place. Shareholders will also vote on re-appointing MD Arun Kumar Tyagi and appointing Pankaj Agarwal as Executive Director.

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