Riddhi Siddhi Gluco Biols Ltd

Riddhi Siddhi Gluco Biols Q1 FY2025 Results & Key Leadership Updates 📊

- Unaudited standalone and consolidated financial results for Q1 FY2025 (ended June 30) approved, with limited review by auditors M/s Batliboi & Purohit.

- Mr. Ganpatraj Chowdhary reappointed as Managing Director (Oct 1, 2025 – Sep 30, 2028).

- Mr. Siddharth Chowdhary reappointed as Whole-Time Director (Oct 1, 2025 – Sep 30, 2028).

- Mr. Mahendra Kumar Bhandari reappointed as Independent Director for a second term (Aug 29, 2025 – Aug 28, 2030).

- Contingent liability of ₹308L disclosed for income tax appeals (no provision in books).

- Impairment loss of ₹6,956.48L recognized on assets of discontinued Paper Division (per Ind AS 105).

- 34th AGM scheduled for Sep 25, 2025; dividend record date set as Sep 18, 2025.

- Material related-party transactions with Shree Rama Newsprint Ltd (loans/guarantees up to ₹50 crore) approved, pending shareholder nod.