Galada Power & Telecommunication Ltd
Galada Power & Telecommunication Q1 2025 Update: Key Financials & Revival Plans ⚡📊
- Submitted un-audited financial results for Q1 (June 30, 2025), reviewed & cleared by auditors with no adverse remarks.
- Currently reviving and revamping manufacturing facilities, including Silvassa asset sales.
- Financials align with NCLT-approved Resolution Plan (May 25, 2023) by M/s Amrutha Constructions.
- No operations reported this quarter; statements prepared on a going concern basis.
- No impairment assessment yet for Silvassa plant & machinery; no loss ascertained.
- Gratuity & leave encashment provisions to be finalized at year-end via actuarial valuation.
- Results approved by Audit Committee & Board on August 14, 2025.