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Investment11 Feb 2025, 12:41 am

Hindustan Composites Ltd. Approves Q3 Financial Results, Re-Appoints Secretarial Auditors, and Plans to Commence Trading in Metals and Commodities

AI Summary

Hindustan Composites Ltd. announced its un-audited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2024. The company's Board of Directors also re-appointed M/s. M Baldeva Associates, Company Secretaries, Mumbai as Secretarial Auditors for the financial year 2024-25 and approved the proposal to commence the business of trading in metals and commodities. The expected benefits include increased profitability and a new revenue stream. The company plans to invest up to Rs. 25.00 Crore in this business initially.

Key Highlights

  • Approval of Q3 financial results
  • Re-appointment of Secretarial Auditors
  • Plan to commence trading in metals and commodities
  • Expected benefits include increased profitability and new revenue stream
  • Initial investment of up to Rs. 25.00 Crore
HINDCOMPOS
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HINDUSTAN COMPOSITES LTD.

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