Garodia Chemicals Limited has announced a board meeting to approve the financial results for the quarter and half-year.

The Board approved the annual audited financial statements, with auditors expressing an unmodified opinion.

The company reported a net loss of ₹20.77 lakh for the year, widening from ₹13.11 lakh the previous year.

Employee and other expenses increased, totaling ₹20.77 lakh.

The company has decided to cease operations; hence, financials are no longer prepared on a going concern basis, and all assets and liabilities are current and carried at fair value.

Additionally, three directors—Ms. Megha Brahmankar, Mr. Suraj Kodak, and Mr. Vikram Ravindra Sabnis—were re-designated as Additional Non-Executive Independent Directors.