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Williamson Magor & Company Limited — Board Meeting, 13-11-2025: Outcome of Board Meeting
13-11-2025 | 06:54 pm
13-11-2025 | 06:54 pm
Williamson Magor's Board approved Q2/H1 results amidst severe financial distress. Auditors highlighted going concern doubts, ~181 Cr negative net worth, and undisclosed interest expenses. Massive arbitration awards (~590 Cr) and RBI's NBFC license cancellation add to the challenges. Tough times ahead.
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