Company Update

Longview Tea Company Ltd. has announced a board meeting on June 30, 2025, approving the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of Rs. 66.99 lakh for the quarter, impacted by ongoing legal proceedings before the National Company Law Tribunal and a show-cause notice from the Registrar of Companies.

The current management faced significant challenges due to non-cooperation from the previous management, resulting in incomplete records and limited audit evidence.

These issues create material uncertainty about the accuracy of the reported financials.

The auditors issued a disclaimer of opinion due to these constraints.