Latest news about V R Woodart
V R Woodart
154.55
-3.15(-2.00%)
Company Performance:
View Company Insights1D-2.00%
1M+38.35%
6M+157.80%
1Y+256.02%
5Y+2,635.40%
More news about V R Woodart
14Nov 25
VR Woodart Promoter Strengthens Control with 1.24 Crore Share Acquisition
Minal Gaurav Patil, promoter of VR Woodart Limited, has substantially increased her stake in the company through a preferential allotment. She acquired 1,24,20,000 shares and 40,80,000 warrants/convertible securities, increasing her shareholding from 24.11% to 55.44%. This move strengthens promoter control in the company. Separately, the company's statutory auditors have resigned due to pre-occupation with other assignments, effective November 12, 2025.
13Nov 25
VR Woodart Limited Announces Resignation of Statutory Auditor
V R Woodart Limited's statutory auditor, M/s Thakur, Vaidyanath Aiyar & Co, has resigned effective November 12, 2025, citing pre-occupation with other assignments. The resignation comes before the completion of their five-year term, which was originally set to end on March 31, 2027. The auditor completed a Limited Review Report for the company's unaudited financial results for Q2 and H1 2025 just prior to resigning. V R Woodart affirmed no concerns were raised by the auditor before resignation and has made necessary disclosures to BSE under SEBI regulations.
12Nov 25
VR Woodart Allots 1.4 Crore Equity Shares and 44.8 Lakh Warrants, Reports Increased Loss
VR Woodart Limited approved allotment of 1,39,90,000 equity shares and 44,80,000 convertible warrants at Rs 22.00 each on a preferential basis. The company reported a net loss of Rs 64.59 lakh for the half-year ended September 30, 2025, up from Rs 3.85 lakh in the previous year. The company's other equity stands at negative Rs 1,766.25 lakh, indicating complete erosion of net worth. Management plans to use the fresh capital for outstanding liabilities, working capital, and operations.
16Oct 25
VR Woodart Expands into Stainless Steel Trading with Strategic Acquisitions
V R Woodart Limited (BSE: 523888) is acquiring 100% stakes in Nidimo Mont Private Limited and Parent Mont International Private Limited for approximately INR 3.20 crores. The acquisitions aim to strengthen the company's position in the stainless steel market, increasing its customer base and product range. Both acquired entities have business transfer agreements with established partnership firms. The transaction is classified as a related party deal. Concurrent with the acquisition, V R Woodart announced significant management changes, including the appointment of Mrs. Minal Patil as Additional (Whole Time) Director & Chairperson, and the resignation of several existing directors.
06Aug 25
V R Woodart Limited Announces CFO Transition and Q1 Financial Results
V R Woodart Limited (BSE: 523888) has appointed Mr. Sudesh Pingale as the new CFO, replacing Mr. Anwar Shaikh who will continue as Whole Time Director. The company reported a loss of ₹37.56 lacs for Q1 FY2026, with no revenue and increased expenses. The Board recommended re-appointment of Mr. Shaikh as Whole Time Director and Mr. Amit Sagar Kochar as Secretarial Auditor. The 35th AGM is scheduled for September 15, 2025. Despite eroded net worth, the company continues on a going concern basis, with plans for a preferential issue to address liabilities and working capital needs.
06Aug 25
V.R. Woodart Reports Q1 Loss, Announces Leadership Changes and AGM Date
V R Woodart Limited reported a loss of Rs. 1.96 lacs for the quarter ended June 30, with auditors noting complete erosion of net worth. The company announced leadership changes including CFO transition from Anwar Shaikh to Sudesh Pingale. The 35th AGM is scheduled for September 15 via video conferencing. To address financial challenges, V R Woodart plans to issue equity shares and convertible warrants, with a significant portion proposed for new promoters Ms. Maddukuri Mounica and Mrs. Minal Patil.
06Aug 25
V R Woodart Limited Reports Q1 Loss and Leadership Changes
V R Woodart Limited reported a loss of Rs. 1.96 lacs for Q1 ended June 30, with EPS of -0.01. The company announced key leadership changes, including the resignation of CFO Mr. Anwar Shaikh and appointment of Mr. Sudesh Pingale as the new CFO. Corporate governance updates include the appointment of a new Secretarial Auditor and scheduling of the 35th AGM. The company's net worth has been completely eroded, but it's taking steps to address financial challenges through a Preferential Issue of equity shares and convertible warrants.
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