VSF Projects' Board has announced its quarterly financial results, reporting a net loss of 0.04 Cr for the quarter ending June, a sharp contrast to the 35.35 Cr profit in the same period last year.

NSVR&Associates LLP resigned as statutory auditors due to time and cost considerations, and VDP & Co. has been appointed as the new statutory auditor, pending shareholder approval.

Additionally, the Board appointed P. Lenin Babu as Company Secretary and Compliance Officer and put forward M/s. P.S.

Rao & Associates as Secretarial Auditor for five years, subject to shareholder endorsement.

These changes signal important governance and financial updates for investors.