AI Champdany Industries Reports Net Loss of Rs 840.93 Lakh for Q1
AI Champdany Industries Limited reported a net loss of Rs 840.93 lakh for Q1, with revenue from operations declining to Rs 3,219.52 lakh. The company's Jute segment contributed Rs 3,074.64 lakh to revenue, while the Flax Products segment added Rs 144.89 lakh. Both segments reported losses. The company faces operational challenges including suspended units and fire damage, but is investing in machinery upgrades and infrastructure improvements. Total assets stood at Rs 24,060.27 lakh, with total liabilities at Rs 27,867.60 lakh. The company's EPS for the quarter was negative Rs 2.74.
29Jul 25
AI Champdany Industries Renews 1.14 Crore Non-Convertible Preference Shares
AI Champdany Industries Ltd has renewed 1,14,14,353 non-convertible preference shares, each valued at Rs. 5.00, for an additional five years. The 2% cumulative preference shares, originally set to mature on March 30, 2025, will now extend until March 29, 2030. This renewal, executed under Section 48 of the Companies Act, 2013, maintains all other terms unchanged. The company, known for weaving and spinning, disclosed this information through a regulatory filing to the Bombay Stock Exchange.