Shree Precoated Steels Reports Q1 Loss, Reappoints Managing Director
Shree Precoated Steels Limited reported a net loss of Rs. 12.00 lakhs for Q1 FY2025-26, slightly improved from Rs. 13.00 lakhs loss in Q1 FY2024-25. The company had zero revenue from operations and total expenses of Rs. 12.00 lakhs. Mr. Harsh L. Mehta was reappointed as Managing Director for a five-year term. Ms. Krishna Agrawal resigned as Company Secretary, with Ms. Priyanka Khandelwal taking over the role. The auditor highlighted concerns about the company's ability to continue as a going concern due to negative net worth of Rs. 216.00 lakhs.