Viaan Industries Ltd

📊 Redmax Footwears (formerly Viaan Industries) Reports FY25 Results: Net Loss Widens to ₹32.14 Lakhs

• Net loss for FY25: ₹32.14 lakhs (vs. ₹27.69 lakhs loss in FY24)

• Cash and cash equivalents: ₹12.95 lakhs (up from ₹10.54 lakhs)

• Total equity: negative ₹22.60 lakhs (vs. positive ₹9.55 lakhs last year)

• Current liabilities decreased to ₹37.06 lakhs (from ₹110.54 lakhs)

• Company name officially changed to Redmax Footwears Limited as of May 5, 2025

• Trading currently restricted/suspended under GSM Stage IV on NSE and BSE

• Statutory auditors issued unmodified audit opinion confirming compliance with SEBI and Ind AS