Retina Paints News

Retina Paints Limited Approves Rs. 6 Crore Corporate Guarantee for Retina Retail Limited

Retina Paints Limited's Board of Directors approved providing a corporate guarantee up to Rs. 6.00 crore to Union Bank of India as collateral for cash credit facilities sanctioned to Retina Retail Limited. The guarantee will be disclosed as a contingent liability in the company's standalone financial statements and is structured on an arms-length basis with annual renewal terms.

Retina Paints Reports 80% Revenue Growth in Half-Year Results

Retina Paints Limited reported revenue from operations of ₹80,015.64 thousand for the half-year ended September 30, 2025, compared to ₹58,257.28 thousand in the same period last year, with profit after tax declining to ₹1,990.04 thousand from ₹3,531.12 thousand. The company's Board approved these unaudited financial results, showing strong revenue growth but reduced profitability due to higher expenses including employee benefits and finance costs.

Retina Paints Limited CFO Vishnu Vardhan Yadav Suda Resigns to Pursue Career Opportunity

Vishnu Vardhan Yadav Suda has resigned from his position as Chief Financial Officer at Retina Paints Limited. His resignation letter was submitted on October 13, 2025, and he will be relieved from his duties effective close of business hours on October 15, 2025. Suda cited his decision to pursue an alternate career opportunity outside the organization as the reason for his departure. The company has informed the stock exchange of this key managerial personnel change.