Khandwala Securities Reports Q1 Loss, Appoints New Statutory Auditors
Khandwala Securities Limited reported a net loss of Rs 58.58 lakhs for Q1, compared to a profit of Rs 47.83 lakhs in the same quarter last year. Revenue from operations declined by 54.70% to Rs 114.20 lakhs. The company's Board approved the appointment of M/s. Pravesh Agarwal & Associates as new statutory auditors for a five-year term, subject to shareholder approval at the upcoming AGM.