Shri Techtex Limited
Shri Techtex is engaged manufactures Polypropylene (PP) Non-Woven Fabric.
What Shri files
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Shri Techtex's board approved audited financial results for the year, reporting a profit of Cr 19.29 on revenue of Cr 84.13. The company confirmed no deviation in IPO fund utilization, with Cr 0.61 remaining for solar plant commissioning. Ms. Shakshi Shah was re-appointed as Internal Auditor for FY27.
SHRI TECHTEX's half-year results show revenue growth to ₹40.30 Cr from ₹30.03 Cr. However, profit for the period dipped to ₹6.04 Cr (EPS ₹2.42). IPO funds are 98.6% utilized, with ₹0.61 Cr remaining in FD. Company significantly ramped up non-current investments.
SHRI TECHTEX has announced a board meeting to approve the appointment of M/s. G R Shah & Associates as Secretarial Auditor for five years starting April 1, 2025, pending member approval. This follows the completion of the prior auditor’s term and ensures continued focus on statutory compliance and corporate governance.
Shri Techtex appointed Ms. Shakshi Shah, a Chartered Accountant with 5+ years of experience, as Internal Auditor for FY 2025-26. This enhances the company’s internal controls and compliance, with no impact on operational or financial outlook.
Shri Techtex Limited has clarified its status as not being classified as a 'large corporate' for the financial year 2024-25, in accordance with the relevant SEBI guidelines. This classification affects the company's obligation to comply with specific disclosure requirements regarding the issuance of debt securities. By not falling under this...