Virya Resources Limited has announced the appointment of Mr. Arudji Kiswanto as an Independent Director to its Board, marking a significant addition to the company's leadership team. The appointment, made during a board meeting held on September 6, 2025, is subject to shareholder approval.

Key Details of the Appointment

• Term: Mr. Kiswanto has been appointed for a five-year term, commencing from September 6, 2025, and ending on September 5, 2030.
• Age and Qualifications: At 72 years old, Mr. Kiswanto brings a wealth of experience to the role. He holds a Post-Graduate degree from Birkbeck University of London, UK.
• Professional Experience: With over 30 years of experience, Mr. Kiswanto's expertise spans several crucial areas:
  • System Analysis
  • Corporate Strategic Planning
  • Business Administration
  • Marketing
  • Industrial Relations

Company Disclosure and Compliance

Virya Resources Limited, in compliance with SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, has provided detailed information regarding the appointment. The company confirmed that there are no relationships between directors in connection with this appointment, ensuring transparency and adherence to corporate governance standards.

About Virya Resources Limited

Virya Resources Limited, formerly known as Gayatri Tissue and Papers Ltd, is a company with its registered office in Mumbai and corporate office in Hyderabad. The company's commitment to strengthening its board with experienced professionals is evident in this latest appointment.

This strategic addition to the board is expected to bring fresh perspectives and valuable insights to Virya Resources Limited, potentially contributing to the company's future growth and development strategies. Shareholders will have the opportunity to approve this appointment, reinforcing the company's commitment to stakeholder engagement and corporate governance best practices.

Virya Resources Limited, a company listed on the Indian stock exchange, has announced its financial results for the first quarter ended June 30, 2025. The company reported a widening net loss compared to the same period last year, amid zero revenue generation.

Financial Performance

Virya Resources Limited reported a net loss of Rs 10.59 lakhs for Q1 FY2026 on both standalone and consolidated basis. This marks a significant increase from the loss of Rs 6.22 lakhs recorded in the corresponding quarter of the previous fiscal year.

The company's financial results revealed:

Capital Structure

Virya Resources maintains a paid-up equity capital of Rs 150 lakhs, with shares having a face value of Rs 10 each.

Corporate Governance

The unaudited financial results were approved by the company's Board of Directors on August 14, 2025, following a review by the Audit Committee. This approval process aligns with standard corporate governance practices for listed entities in India.

Outlook

While the company continues to face challenges with no operational revenue and increased losses, it's important for investors and stakeholders to monitor future announcements for any strategic initiatives or changes in the company's business model that could potentially improve its financial position.