Mayur Leather Products Limited reported a net loss of Rs 10.28 lakhs in Q1, up from Rs 7.48 lakhs loss in the same quarter last year. The company had zero revenue from operations and total expenses of Rs 10.28 lakhs. Facing significant challenges, the company has ceased all manufacturing activities, relocated assets due to land seizure by Canara Bank, and is involved in legal proceedings at the Debt Recovery Tribunal. The board has made several corporate governance decisions, including new auditor appointments and board member recommendations.