Dhunseri Ventures News

Dhunseri Ventures Reports Q2 Net Loss of 106.8M Rupees After Previous Year Profit

Dhunseri Ventures reported a consolidated net loss of 106.8 million rupees in Q2, compared to a profit of 605.8 million rupees in the same quarter of the previous year. The company's Q2 revenue was 1.48 billion rupees.

Dhunseri Ventures Seeks Shareholder Approval for Winding Up Singapore Subsidiary Twelve Cupcakes

Dhunseri Ventures Limited has issued a postal ballot notice seeking shareholder approval for the voluntary winding up of its material subsidiary Twelve Cupcakes Pte Limited in Singapore. The company holds 81.83% stake in the subsidiary, which cannot continue business due to its liabilities and does not contribute significantly to consolidated turnover or profitability. The liquidation process will involve disposal of assets exceeding 20% of the subsidiary's assets and cessation of control over the material subsidiary. The board approved the proposal on October 29, 2025, following audit committee recommendation. Remote e-voting will be conducted from October 31 to November 29, 2025, with results to be announced by December 2, 2025. The liquidation aims to rationalize corporate structure, reduce administrative costs, and focus resources on core business activities.