Rajapalayam Mills reports Q1 loss, approves INR 200cr investments
Rajapalayam Mills Limited reported a standalone net loss of INR 1,225 lakhs for Q1 FY2025, though posted a consolidated net profit of INR 812 lakhs for the quarter ended June 30, 2025.
The board approved an additional corporate guarantee of up to INR 50 crores for Sandhya Spinning Mill Limited. Shareholders also approved investments, loans, guarantees and securities up to an additional limit of INR 150 crores.
Justice Smt. Chitra Venkataraman was appointed as additional independent director, effective August 11, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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