IND-AGIV Commerce Reports Q2 Losses and Appoints New Company Secretary Amid Financial Challenges

Ind-Agiv Commerce Limited, a company specializing in multiple advanced audio-visual solutions, has released its unaudited financial results for the quarter ended September 30, 2025, revealing ongoing financial difficulties. The company also announced the appointment of a new Company Secretary and Compliance Officer.

Financial Performance

The company's Board of Directors approved the unaudited financial results for the quarter and half-year ended September 30, 2025, during a meeting held on November 14, 2025. While specific figures were not disclosed, the company reported continued losses for the period.

Key Financial Challenges

Ind-Agiv Commerce is facing significant financial hurdles, including:

These figures, reported in lakhs of rupees, underscore the company's need for financial restructuring to address its current liabilities and improve its financial health.

New Appointment

In a move to strengthen its corporate governance, Ind-Agiv Commerce has appointed Omprakash Keshavdev Harshwal as the new Company Secretary and Compliance Officer. The appointment is effective from November 14, 2025. Mr. Harshwal, a member of the Institute of Company Secretaries of India with ACS No. 5042, brings the requisite qualifications to this crucial role.

Corporate Actions

The company's Board meeting, which commenced at 3:30 PM and concluded at 3:50 PM on November 14, 2025, addressed two main agenda items:

1. Approval of the unaudited financial results for Q2 and H1 of 2025
2. Appointment of the new Company Secretary and Compliance Officer

These actions were taken in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Looking Ahead

As Ind-Agiv Commerce grapples with financial challenges, including significant loan defaults and overdue payments, the appointment of a new Company Secretary may signal the company's commitment to improving its regulatory compliance and corporate governance. However, the continued losses highlight the urgent need for a comprehensive financial strategy to address the company's performance.

Investors and stakeholders will likely be watching closely to see how the company plans to address its financial difficulties and whether the new appointment will contribute to a more robust corporate structure capable of navigating these challenges.