Salora International Ltd — Important, 28-05-2026: Company Update

The company's Board has approved the financial results for the quarter and year, reporting a net loss after tax of 4.07 Cr for the year. This includes an exceptional item of 2.38 Cr from writing off lapsed deferred tax assets due to unabsorbed business losses. The company expects to realize 20.39 Cr in deferred tax assets through an enhanced product portfolio and new business strategy. Auditors issued an un-modified opinion. The Board also appointed new Internal and Cost Auditors for the upcoming fiscal year, and related party transactions were affirmed as arm's length.